# Adjusted Gross Income (AGI)

*Taxes — Finicade finance glossary*

AGI is gross income minus above-the-line adjustments — retirement and HSA contributions, student loan interest, half of self-employment tax.

AGI is gross income minus specific 'above the line' adjustments — deductible retirement contributions, HSA contributions, student loan interest, half of self-employment tax. It matters beyond its own line because dozens of thresholds key off it: deduction phase-outs, credit eligibility, Medicare premiums, even some state taxes. Lowering AGI can therefore save far more than the marginal rate on the dollars removed.

**Also known as:** AGI, adjusted gross income

**Related terms:** [Taxable Income](https://finicade.com/glossary/taxable-income), [Modified Adjusted Gross Income (MAGI)](https://finicade.com/glossary/modified-adjusted-gross-income), [Gross Income](https://finicade.com/glossary/gross-income), [Tax Deduction](https://finicade.com/glossary/tax-deduction), [Form 1040](https://finicade.com/glossary/form-1040)

Source: https://finicade.com/glossary/adjusted-gross-income