Adjusted gross income is a tax term everyone should understand ... Not only does it affect how much you pay in taxes, but it may also be the basis for decisions about eligibility for assistance ...

Adjusted gross income is an important number used to determine how much you owe in taxes. It’s a factor in determining your federal tax bracket and taxable income — the portion of your income ...

Individuals with a combined income between $25,000 and $34,000 may be taxed on 50% of their Social Security benefits. If your ...

Plus, learn how it differs from adjusted gross income. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our ...