| (in U.S. income-tax returns) the total of an individual's wages, salaries, interest, dividends, etc., minus allowable deductions. Abbreviation: AGI |
adjusted gross income
such as alimony payments, contributions to a Keogh retirement plan, and in some cases, contributions to an IRA
are subtracted from an individual's gross income. Adjusted gross income and gross income will be the same for many taxpayers.| AGI adjusted gross income |