so my question about AGI
#1
bow down to king puffy
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so my question about AGI
is AGI what I made minus ALL deductions or is it just some deductions? If some, do you know what kind? I did some research online but can't find precise answer
#6
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It basically means how fast you strike in a battle. Usually Ninjas have the most AGI. Combine that with a THF and you'll have a pretty fast character. I suggest looking at AGI gear as well
#8
un-Touch'd krew
#9
snitches get stitches
Adjusted Gross Income*
And it includes all pretax deductions(typically 401k contributions and health plan premiums. There are others, but those two are the most common) as well as Social Security and Medicare (taxes taken regardless of income levels, you wont get refunds for these taxes).
Meaning, if I paid $1k in healthcare plan and put in $5k into my 401k, and paid $5k in ss/med, and my gross income was 50k, my AGI would be:
$50k
-$5k (401k)
-$5k (ss/med)
-$1k (health)
=$39k
And it includes all pretax deductions(typically 401k contributions and health plan premiums. There are others, but those two are the most common) as well as Social Security and Medicare (taxes taken regardless of income levels, you wont get refunds for these taxes).
Meaning, if I paid $1k in healthcare plan and put in $5k into my 401k, and paid $5k in ss/med, and my gross income was 50k, my AGI would be:
$50k
-$5k (401k)
-$5k (ss/med)
-$1k (health)
=$39k
Last edited by RB; 02-28-2008 at 11:41 AM.