Unique Skill ID: KS7G41H6G5744SSC1YS2

Adjusted Gross Income

Adjusted Gross Income (AGI) is a tax term used to calculate an individual's taxable income by subtracting allowable deductions from their gross income. It is a specialized skill to accurately determine an individual's AGI as it requires knowledge of tax laws, exemptions, credits and deductions. Accurate calculation of AGI is crucial in determining an individual's taxable income, tax liability and eligibility for certain tax benefits.

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This Skill is part of Lightcast Open Skills, a library of over 32,000 skills used by schools, communities, and businesses that has become the standard language.
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