Adjustments To Income

Business, Legal & Accounting Glossary

Definition: Adjustments To Income


Adjustments To Income


Full Definition of Adjustments To Income


Any of the amounts that a taxpayer is able to subtract from his or her gross income when they calculate their adjusted gross income. These adjustments are permitted even if the taxpayer does not itemize their deductions during a particular tax year. Investors are particularly interested in allowable adjustments for interest penalties on early savings withdrawals and payments into IRA and Keogh retirement plans.


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Definition Sources


Definitions for Adjustments To Income are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.