Your guide to key tax terms

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2023-05-31 19:27:37 -

1. Gross and taxable income Gross income is your total income over the course of the year. This includes everything from wages and tips to any interest, dividends or capital gains you earned. Right off the bat, you are allowed to subtract certain things from your gross income—these are called above-the-line deductions. That will give you what’s called your adjusted gross...

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