Examples of an adjustment to income?

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1187390

2026-03-20 03:40

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Adjustments to income, also known as "above-the-line" deductions, can include contributions to traditional IRAs, student loan interest paid, and educator expenses for teachers. These adjustments reduce your gross income and can help lower your taxable income. Other examples include health savings account (HSA) contributions and alimony payments made under certain agreements. Each adjustment has specific eligibility criteria and limits.

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