Above-the-Line Deductions
A term to know.
This is an adjustment to income whereby a deduction reduces gross income, producing adjusted gross income. This deduction is available even if the taxpayer does not itemize deduction.
Synonyms:
Above-the-Line Deduction, above-the-line, above-the-line deduction
Synonyms list
(a comma-separated list)
Above-the-Line Deduction, above-the-line, above-the-line deduction