rbynaker
Level 14
03-08-2021
06:38 PM
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I was a little puzzled by that too. The reference to Adjusted Gross Income seemed sufficient to me, I have no idea why they cherry-picked certain adjustments. I'd have to dig a little deeper into other existing definitions of AGI in the code to try to shed some light on it.
So even if this passes as-is there are already a plethora of "what about" questions that will need to be clarified by the IRS before anyone can program changes into tax software. Fun.