Income Tax Refund Adjustments
Most taxpayers are entitled to income tax
refund adjustments as allowed by the IRS tax laws. Below are
some definitions of the IRS-allowable adjustments to income
that can reduce the amount of tax owed to the IRS.
Income tax refund adjustments applied to
The total income before any income tax
refund adjustments is shown on line 15 of the IRS tax form
1040A or line 22 of the IRS tax form 1040. Income tax refund
adjustments are then applied to total income to arrive at the
Adjusted Gross Income (AGI) for the taxpayer.
Below are some common income tax