Definition of "AGI"
  1. A summary of an individual's earnings, reduced by certain expenses and deductions, commonly known as adjusted gross income
How to use "AGI" in a sentence
  1. The calculating of taxes is initially based on the AGI.
  2. Max was able to lower his taxable income by identifying specific deductions to reduce his AGI.
  3. To determine your federal tax bracket, you first need to calculate your AGI.

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