Ch. 1 - General Overview

Question	Answer
Deductions that reduce your total income	Adjustments to income
Total/gross income less adjustments	Adjusted Gross Income (AGI)
Either the taxpayers qualifying child or qualifying dependent	Dependent
All income from whatever source and is not limited to cash received	Gross Income
An individual who is not a U.S. citizen or national, and has not passed the green card test or the substantial presence test.	Nonresident alien
An individual who is not a U.S. citizen or national, and who meets the green card test or the substantial presence test.	Resident alien
Can take for himself and a spouse (if married), $4,000 per taxpayer for 2015	Personal Exemptions
Can take for each dependent listed on the tax return, $4,000 per dependent for 2015	Dependent Exemptions
Gross income less and allowable tax deductions, that is, the amount of income that is subject to tax	Taxable Income

Resource summary

	Created by Ariel Sauln over 7 years ago