adjusted gross income

noun

: an individual's gross income decreased by the amount of deductions allowed especially for business expenses

Dictionary Entries Near adjusted gross income

adjusted basis

adjusted gross income

adjustment bond

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Cite this Entry

“Adjusted gross income.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/adjusted%20gross%20income. Accessed 26 Nov. 2024.

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