Adjusted Gross Income
See also
Agi in the American legal Encyclopedia
What does Adjusted gross income mean in American Law?
The definition of Adjusted gross income in the law of the United States, as defined by the lexicographer Arthur Leff in his legal dictionary is:
See adjust.
Concept of Adjusted Gross Income in the context of Real Property
A short definition of Adjusted Gross Income: Total income of property if fully rented, less an adjustment for estimated vacancies and uncollectible rent.
Concept of Adjusted Gross Income in the context of Real Property
A short definition of Adjusted Gross Income: Total income of property if fully rented, less an adjustment for estimated vacancies and uncollectible rent.
Adjusted Gross Income
What is Adjusted Gross Income?
A definition of adjusted gross income is: A determination peculiar to individual taxpayers. More details on the Encyclopedia. Generally, it represents gross income less business expenses, expenses attributable to the production of rent or royalty income and the longterm capital gain deduction.[1]
Resources
Notes
- “Adjusted Gross Income” in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)
Leave a Reply