Top 11 Income Tax – Word Definitions
Total Income - The sum of income from all sources such as wages, interest, dividends, alimony, IRA distributions. Adjusted Gross Income (AGI) - Your total income minus above the line deductions such as moving expenses, early withdrawal penalties, IRA contributions, student loan interest, see the AGI column at for more. Standard Deduction - the basic deduction the IRS gives you from being single, head of household, or married.Filed Under Earned Income Tax Credit | Comments Off
Tagged With Earned Income, Earned Income Tax, Earned Income Tax Credit, EITC
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