Adjustments to Income

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In U.S. tax, deductions that reduce one's taxable income. When calculating a taxpayer's tax liability, one takes the amount of money he/she has made over the tax year and takes away deductions such as contributions to IRA accounts, business expenses, and so forth. One refers to these deductions as adjustments to income.

adjustments to income

Any of various amounts a taxpayer is allowed to subtract from his or her gross income when calculating adjusted gross income. These adjustments are permitted even if the taxpayer does not itemize deductions during a tax year. Allowable adjustments of particular interest to investors are interest penalties on early savings withdrawals and payments into IRAs and Keogh plans. See also adjusted gross income.

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Adjusted Gross Income Adjustment to Income Medical Savings Account Medicare Part A Moving Expenses Student Loan Interest Deduction			The practical effect of this is that any adjustments to income that arises as a result of the IRS audit will have to be taken immediately by the taxpayer rather than being spread over Rev. Requests for changes in accounting methods made easier by Sherman, W. Richard / The Tax Adviser These non-cash adjustments to income tax expense are expected to reduce net earnings by approximately $300,000 for each of the fiscal years ended June 30, 2002, 2003, and 2004, as well as reduce the net earnings for the fiscal year ended June 30, 2005, previously reported by the company in its earnings release on August 17, 2005, by approximately $300,000. Urologix to Restate Earnings to Recognize Non-Cash Tax Expense by Business Wire Record any ultimate realization of proceeds or liability incurred under the outstanding hedges as additional adjustments to income at the time such proceeds or liabilities are determinable. Callon Petroleum Company Announces Revised Accounting Treatment for ... by Business Wire			Adjusted Net Worth Adjusted Premium Method Adjusted Present Value adjusted sales price Adjusted Surplus adjusted tax basis Adjusted Underwriting Profit Adjuster Adjusting Entry Adjustment Adjustment Assistance Adjustment Bond Adjustment Costs Adjustment Credit Adjustment Date Adjustment Frequency Adjustment in Conversion Terms Adjustment Income Adjustment Index Adjustment Interval Adjustment on Conversion Adjustment Programme Adjustment to Income adjustments Adjustments in Appraisal Adjustments to Income Administered Price Administering Agency Administracion Nacional de Telecomunicationes Administration Administration Bond Administration Order Administrative Agency Administrative Budget Administrative Charge Administrative Exception Note Administrative Expense administrative expenses Administrative Law Administrative Law Judge Administrative Management Society Administrative Pricing Rules Administrative Protective Order Administrative Receiver Administrative Services Only Administrative Skills administrator administrator's deed administratrix administrivia Admiralty Court			Adjustment on Conversion Adjustment Pending adjustment period Adjustment Policies Adjustment Policy Adjustment Processing System Adjustment Program Adjustment Programme Adjustment Programmes Adjustment Programs Adjustment Provision Adjustment Provisions Adjustment Rate Adjustment Rates Adjustment reaction Adjustment reaction Adjustment Request Form Adjustment Securities Adjustment to Factor Cost Adjustment to Factor Cost Adjustment to Income adjustments adjustments adjustments adjustments adjustments Adjustments in Appraisal Adjustments on Conversion Adjustments to Factor Cost Adjustments to Factor Cost Adjustments to Income adjustor adjustor adjustor adjustor neuron adjusts adjusts adjusts Adjutage Adjutage adjutancies adjutancies adjutancies adjutancy adjutancy adjutancy adjutant adjutant adjutant adjutant Adjutant & Quartermaster adjutant bird adjutant bird adjutant bird adjutant birds adjutant birds adjutant birds adjutant general adjutant general adjutant general adjutant general

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