gross income less adjustments to income equals: *\ntax - exempt income\nearned income\nadjusted gross…

gross income less adjustments to income equals: *\ntax - exempt income\nearned income\nadjusted gross income\ntax - deferred income\nexclusions from income

gross income less adjustments to income equals: *\ntax - exempt income\nearned income\nadjusted gross income\ntax - deferred income\nexclusions from income

Answer

Brief Explanations:

Adjusted gross income (AGI) is calculated by subtracting allowable adjustments to income from gross income. It's a key figure in income - tax calculations. Tax - exempt income is income not subject to tax; earned income is income from work; tax - deferred income is income taxed in a future period; exclusions from income are amounts not included in gross income in the first place.

Answer:

C. Adjusted gross income