Adjustment to Income
Adjustments to Income
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
Adjustment to Income
An expense that may be deducted even if the taxpayer does not itemize deductions. Adjustments to income are subtracted from gross income to arrive at adjusted gross income.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
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