Adjusted Gross Income
AGI. The amount used in the calculation of an individual's income tax liability; one's income after certain adjustments are made, but before standardized and itemized deductions and personal exemptions are made.
You should know your adjusted gross income when filing for your yearly tax return in so you can calculate how much of your income is taxable.
for more details log on to http://wsmde.edu.in
find us on facebook http://www.facebook.com/wsmde
find us on twitter https://twitter.com/wsmde
find us on blogspot http://wsmde.blogspot.com
find us on our official blog http://wordpress.wsmde.edu.in