Word: agi
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...click Free File, Start Now and Guide Me to a Service). But here's a tip: if your adjusted gross income is $28,000 or less or you qualify to file Form 1040EZ, you're good to go with half a dozen or more of the firms. With an AGI of $50,000 or more, try TaxACT.com (again, from the IRS site). --By Nellie Huang
...forceful advocate of the idea that finally won: a 15% across-the-board cut in income tax rates over six years. The idea was so simple that a button touting it could say simply 15%--whereas, Abraham scoffed, a button for the other plan would have to read AGI-FICA, and even that would need detailed explication...
...kiloton nuclear warheads. But if the vessel is gone, it has not been forgotten. Since the sinking last Oct. 6, Soviet ships have watched over the site, "maintaining a nearly continuous presence," according to a Pentagon official. Sometimes a Soviet merchant ship keeps the vigil. At other times an AGI (intelligence-gathering vessel) watches over the spot where the sub went under. While the Pentagon says no ship has been on the site for about six weeks, the Soviets are monitoring the area by satellite...
...play this game, begin by assuming that your income will not change, then retrieve your 1985 AGI (adjusted gross income: line 32 on your last 1040). Plug that figure into the first box. In the first part of the game, add back items that were previously deductible to arrive at your probable 1988 AGI. Then subtract the deductions still permitted. This will yield your new taxable income. Multiply that by 15% or 28%. Like any game, this one has both winners and losers...
Medical Expenses Deductible above Deductible above Deductible above Deductible above 5% of AGI 5% of AGI 10% of AGI 10% of AGI Indexing...