gross income

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The limits vary depending on the tax break, but in all cases, the income limits refer to your “modified adjusted gross income.”

From MarketWatch

For just about everybody, their modified adjusted gross income is the same as their adjusted gross income.

From MarketWatch

Here’s how to find your modified adjusted gross income, so you can see if you qualify for those new tax breaks.

From MarketWatch

What’s more, the average adjusted gross income for those leaving California was $134,000 in 2022, while for those entering it was $113,000, according to the most recent IRS data on net income flows cited by the report.

From Los Angeles Times

But one thing to be mindful of is that you can only deduct qualified medical expenses that exceed 7.5% of adjusted gross income, and Roth conversions increase that.

From MarketWatch