FACTOID # 29: 73.3% of America's gross operating surplus in motion picture and sound recording industries comes from California.
 
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Encyclopedia > Adjusted Gross Income

Adjusted gross income (AGI) is a financial term to describe the amount used in the calculation of an individual's income tax liability. This includes wages, interest, income from retirement accounts, capital gains, or alimony received. In the US federal tax system, it is defined as income after certain adjustments are made (e.g. contributions to (deductible) retirement accounts, alimony paid by you), but before standardized and itemized deductions and personal exemptions are applied. The examples and perspective in this article do not represent a worldwide view. ... A wage is the amount of money paid for some specified quantity of labour. ... In finance, interest has three general definitions. ... Retirement is the status of a worker who has stopped working. ... In finance, a capital gain is profit that is realized from the sale of an asset that was previously purchased at a lower price. ... In many countries alimony, maintenance or spousal support is an obligation established by law that is based on the premise that both spouses have an absolute obligation to support each other during the marriage (or civil union) unless they are legally separated, though in some instances the obligation to support... Motto: Official (Latin): E pluribus unum (1789 to 1956) (Translated: Out of Many, One) In God We Trust (1956 to present) Anthem: The Star-Spangled Banner Capital Washington, D.C. Largest city New York City Official language(s) None at federal level; English de facto Government  â€¢ President  â€¢ Vice President Federal...


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Adjusted Gross Income - Wikipedia, the free encyclopedia (116 words)
Adjusted gross income (AGI) is a financial term to describe the amount used in the calculation of an individual's income tax liability.
This includes wages, interest, income from retirement accounts, capital gains, or alimony received.
In the US federal tax system, it is defined as income after certain adjustments are made (e.g.
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