Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Vikki Velasquez is a researcher and ...

I created a sample CSV for analysis to show it works, using randomized income and expenditure values, which in turn changed ...

Adjusted gross income is a tax term ... Itemized deductions: If you use a Schedule A to itemize your deductions, the AGI will determine how much of certain expenses you can deduct.

Disposable personal income (DPI)—personal income less personal current taxes—increased $79.7 billion (0.4 percent) and personal consumption expenditures (PCE) increased $133.6 billion (0.7 percent).

This is similar to how you can't just look at your individual income to assess your personal financial wellbeing (looking at net worth is a better indicator). It's key to look at all expenses and ...