adjusted gross income

noun

: an individual's gross income decreased by the amount of deductions allowed especially for business expenses

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adjusted basis
adjusted gross income
adjustment bond
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Cite this Entry

“Adjusted gross income.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/adjusted%20gross%20income. Accessed 4 Nov. 2025.

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