In the United States income tax system, adjusted gross income (AGI) is an ... The
definition of "modified AGI" varies according to the purpose for which the related ...
1. An individual's total personal income, before accounting for taxes or
deductions. 2. A company's revenue minus cost of goods sold. Also called gross
profit and ...
Accounting. total revenue received before any deductions or allowances, as for
rent, cost of goods sold, taxes, etc. Expand. Also called gross revenue.
Definition of gross income: The amount by which sales revenue exceeds
production costs (cost of sales). Though operating income gives a more accurate
Jan 11, 2016 ... Adjusted Gross Income is defined as gross income minus ... We suggest you refer
to your 2014 federal income tax return to get a quick estimate ...
Definition of gross annual income: Total amount of income earned annually.
Gross annual income represents the amount of money a person earns in one
Jul 31, 2007 ... Best Answer: Gross income is before taxes and deductions, and net .... go on for
days to figure out the actual Adjusted Gross definition I'm sure.
When you prepare an income statement for your business, you must calculate
both gross and net figures. Doing so allows you to gauge the viability of your ...
Here's a modified income statement of a large technology company. As you can
see, gross profit is the preliminary measure of profitability before operating ...
Jun 27, 2013 ... For employees, it refers to the gross monthly wages or salaries before deduction
of employee CPF contributions and personal income tax.