What does FAGI stand for?

Federal Adjusted Gross Income

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

_Income tax exemption for the first $7,500 of most government retirement benefits and Social Security benefits to the extent the Social Security benefits are part of the federal adjusted gross income, $50.

List of Oklahoma tax breaks

you and your partner have to complete three separate federal returns: two single returns for the IRS and one "dummy" return to determine your federal adjusted gross income as a couple for state filing purposes.

Kiss my tax: intolerance and bigotry aside, the most quantifiable ...

org/TaxEstimator/ - and you'll find, for example, that a single person with $40,000 in federal adjusted gross income and $35,000 in Oregon taxable income would pay $303 for the 2008 tax year.

County tax calculator available

In addition to these specifically mentioned exemptions, any state which begins its calculations with either Federal Adjusted Gross Income (31 states) or Federal Taxable Income (5 states) from which "adjustments" are made in order to arrive at State Taxable Income implicitly recognizes the Foreign Earned Income Exclusion available under IRC Section 911.

Relief from double taxation: The treatment of foreign tax paid for ...

Starting with federal adjusted gross income (the US.

Nonresidents entitled to deduct alimony payments

Because of the change, moving expense deductions will effectively become available for state tax purposes in States that begin with federal adjusted gross income in computing state taxable income.

OBRA and NEPA change tax treatment of moving expenses and short-term ...

Additionally the state will move fully to a flat individual income tax in 2008 of 5% on the federal adjusted gross income that is also expected to reduce revenue volatility; the state currently has a dual graduated and flat tax system.

Fitch Rates Utah's $75MM GOs 'AAA'; Outlook Stable

Please have on hand your federal adjusted gross income for 2005, and, if you are a homeowner, the assessed value of your house, so the amount of county income tax you would pay can be estimated.

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