Above the Line

(redirected from Above-the-line)
Also found in: Dictionary, Wikipedia.
Related to Above-the-line: BTL

Above the Line

1. Income and expenses a company incurs in its day-to-day operations. Above the line items increase or decrease the company's profit. These items are called above the line because they do not deal with how profits or losses are distributed. See also: Below the line.

2. Advertising in which a company buys space or airtime as opposed to only paying commissions on the revenue earned from the advertising. For example, a commercial on television is above the line, while telemarketing is not.

3. A tax deduction one takes on one's gross income instead of one's adjusted gross income.
References in periodicals archive ?
The extenders also include an above-the-line deduction for schoolteachers in kindergarten through high school who spend their own money on books and supplies for the classroom.
This above-the-line deduction would subtract the cost of the health premium from an individual's adjusted gross income.
And don't forget that if you're self-employed, the cost of the high-deductible health plan tied to your HSA is also an above-the-line deduction.
Essentially, the legal fees and costs are afforded an above-the-line deduction.
162(1) and the purchaser could deduct the premiums above-the-line (if all the other Sec.
Above-the-line deduction for qualified tuition and related expenses; and
The new range will benefit from significant marketing support including advertising, hard-hitting above-the-line and below-the-line promotional activity, the Major League Baseball sponsorship programme, and a PR campaign to raise awareness among the core target audience.
The Long-Term Care and Retirement Security Act of 2001, introduced in both the House and the Senate, would provide Americans with a 100 percent, above-the-line tax deduction on long-term care insurance premiums, as well as tax relief for long-term caregivers.
The above-the-line values add to the company's performance.
And we were able to take on a series when we didn't initially have the skills to fill some of the above-the-line positions, especially in writing.
Planview recognized with highest ranking in current offering for above-the-line strategic planning;
The report states, "Gartner recommends that organizations seeking IT GRC solutions separate their above-the-line and below-the-line functions.