ADJUSTED GROSS INCOME - AGI
An income measurement utilized to determine which part of your income is subjected to tax. The calculation of the adjusted gross income (AGI) is done by subtracting the allowable deductions such as medical expenses, alimony and deductible retirement plan contribution, and unreimbursed business expenses to the gross income from taxable sources.
Sometimes called as "net income."
IRS Publication 910
SEC Form N-8F
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