Categories: Income

What Is Adjusted Gross Income? | A Guide for Forex Traders

Adjusted Gross Income (AGI) is an important financial concept for individuals and businesses alike. It represents income from all sources, minus authorized deductions. AGI includes wages, salaries, capital gains, dividends, rental income, and other sources of income, minus deductions such as student loan interest payments, alimony payments, medical expenses, and more. With AGI, taxpayers know how much of their income is subject to taxation.

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