Adjusted gross income is an American tax term referring to your gross income minus any adjustments to your income. The adjustments to your income are usually in the form of deductions as defined by the IRS. Your adjusted gross income is listed as the last number on the first page of your 1040 form.

Article by Kyle
Kyle is the owner and operator of SuburbanDollar.com. He has no formal background in finance or economics which allows him to bring a lay persons view not clouded by formal teachings. You can read more about him or hit him up on twitter to learn more.
Kyle has written 378 articles.
If you like This post, you can follow SuburbanDollar on Twitter.
Subscribe to SuburbanDollar feed via RSS or EMAIL to receive instant updates.
Related Posts:
2010 Retirement Account Contribution Limits
Personal Savings Rate
Par Rate
PAR Rates, Mortgage Points, and PMI
Be sure to read our Disclosure Policy regarding affiliate marketing
Comments on this entry are closed.