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Header of Adjusted Gross Income

Examples of Adjusted Gross Income


18 examples:

Many tax and benefit formulas wrap around adjusted gross income.
(William Baldwin, Contributor in Forbes - Personal Finance, )

Every 60 seconds, the state of Maryland loses $768 in adjusted gross income.
(Forbes - Entrepreneurs, )

Mrs. Clinton and her husband reported $10.6 million in adjusted gross income for 2015.
(The New York Times - U.S. News, )

President Barack Obama paid more than $93,000 in taxes last year on adjusted gross income of more than $477,000.
(Fox News - Politics, )

It reduces the adjusted gross income of the paying ex-spouse and increases the income of the receiving ex-spouse.
(Forbes - Personal Finance, )

There are two ways to reduce your taxable income: increase your itemized deductions or reduce your adjusted gross income.
(Forbes - Personal Finance, )

Lowering your modified adjusted gross income can allow you to qualify for Affordable Care Act federal subsidies if you're close to cutoff.
(Milwaukee Journal Sentinel in USA Today - Money, )

Single parents earning $75,000 adjusted gross income or less can take $1,000 off their tax bill for each dependent kid who was aged 16 and younger on Dec. 31.
(Forbes - Personal Finance, )

President Barack Obama paid more than $81,000 in taxes last year on adjusted gross income of more than $436,000. Their effective federal income tax rate was 18.7 percent.
(Fox News - Politics, )

Warren Buffett, the billionaire investor, said his tax rate was in accordance with his adjusted gross income for 2015 - $11.6million while his deductions amounted to nearly $5.5million.
(Daily Mail - News, )

That is, tax relief for casualty losses generally are limited to those with the unfortunate confluence of poor insurance coverage, low adjusted gross income (AGI), and good documentation.
(Forbes - Personal Finance, )

US presidential candidate Hillary Rodham Clinton has released her most recent eight years of tax returns, showing that she and former President Bill Clinton earned $US139 million ($190 million) in adjusted gross income between 2007 and 2014.
(Sydney Morning Herald - World, )

President Obama and Michelle Obama paid a total of $98,169, with a 2013 adjusted gross income of $481,098, a sharp decrease since most of Mr. Obama’s income came from his executive salary and not the sale of his books, as in previous years.
(The New York Times - Business, )

Jeb Bush’s time away from public life has been good for him, at least financially, as he and his wife, Columba, reported adjusted gross income of $7.3 million on his 2013 tax return, the last of 33 years of returns that he released on Tuesday.
(The New York Times - U.S. News, )

One of the things I discussed with her is a disturbing trend of schools coaching students to minimize their adjusted gross income in order to maximize the amount of their loan that will be forgiven if they stick with Income Based Repayment or similar programs.
(Forbes - Personal Finance, )

First, any long-term appreciated securities with unrealized gains (meaning they were purchased over a year ago, and have a current value greater than their original cost) may be donated to a public charity and a tax deduction taken for the full fair market value of the securities — up to 30% of the donor's adjusted gross income according to the IRS website.
(Forbes - Personal Finance, )

Remember that a key consideration when exploring planning strategies for mitigating a taxpayer’s NIIT liability is to determine whether the NIIT would be imposed on a taxpayer’s Net Investment Income (NII) or excess Modified Adjusted Gross Income (MAGI) (or UNII (undistributed Net Investment Income) versus excess AGI (Adjusted Gross Income) for trusts and estates).
(Forbes - Personal Finance, )

As part of President Obama's signature legislation -- the Affordable Care Act, or as it's affectionately or derisively known, depending on your point of view, "Obamacare" -- a brand spankin' new tax was born on January 2013. The tax took aim at the wealthiest 2% of taxpayer by imposing an additional 3.8% surtax on the "net investment income" of taxpayers with adjusted gross income in excess of $200,000 (if single, $250,000 if married filing jointly).
(Forbes - Entrepreneurs, )

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