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What is the Adjusted Gross Income (AGI)? a.) b.) c.) d.) It is a person's total income before exclusions are applied. It is the sum

What is the Adjusted Gross Income (AGI)?

  • a.)
  • b.)
  • c.)
  • d.)

It is a person's total income before exclusions are applied.

It is the sum of exclusions and deductions a person can claim.

It is the income amount reported on Form 1040 after applying allowed deductions.

It is a person's wages and salaries minus their capital gains, scholarships, alimony, and pensions.

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