select the correct answer. what is the adjustment to income or income after certain deductions also known…

select the correct answer. what is the adjustment to income or income after certain deductions also known as? a. tax - exempt income b. gross income c. tax - deferred income d. adjusted gross income e. net pay

select the correct answer. what is the adjustment to income or income after certain deductions also known as? a. tax - exempt income b. gross income c. tax - deferred income d. adjusted gross income e. net pay

Answer

Brief Explanations:

Adjusted gross income is income after certain deductions are made from gross income. Tax - exempt income is income not subject to tax. Gross income is total income before deductions. Tax - deferred income is income taxed at a later time. Net pay is what an employee takes home after payroll deductions.

Answer:

D. adjusted gross income