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Adjusted gross income

• Abbreviated AGI. Sum of Earned Income, net Passive Income, portfolio income, and capital gains. The IRS uses AGI to determine most limitations on credits or deductions in taxes.

 
 

Follow this link for all the terms related to income.

 
 Embedded terms in definition
 Agi
Capital gain
Capital
Earned income
Income
Net
Passive income
Portfolio
 
 Related Terms
 

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Managing Your Expenses on a Fixed or Reduced Income: Once you've retired, you finally have the opportunity to work at your dream job - keeping yourself happy. It's your chance to visit places you've always wanted to see, take up a new hobby and spend more time with your family and friends. But to be successful at this new position, you've got to make the most of your income and investments. Here are suggestions. More...

To understand the heart and mind of a person, look not at what he has already achieved, but at what he aspires to do. Kahlil Gibran

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