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View Diary: Why is nobody talking about the OTHER Obamacare subsidy? (178 comments)

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  •  It's a really simple concept, your reported income (0+ / 0-)

    AFTER taxes, deductions etc. In other words, your income on the line on the tax form after all your deductions. It can be zero. It's not your gross income which a lot of people are confused about.

    •  No, you are wrong doina..., (1+ / 0-)
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      Willa Rogers

      adjusted gross income refers to before taxes, deductions etc are taking out.

      There is a difference between gross business income (from which you take necessary business deductions to get the net to carry to the 1040) and adjusted gross income which is the bottom line on the 1040 page 1.

      You are talking about something that does not even have a term name.

      It may be "a really simple concept" but you have the wrong one.

      I'm asking you to believe. Not in my ability to bring about real change in Washington ... *I'm asking you to believe in yours.* Barack Obama

      by samddobermann on Sat Nov 23, 2013 at 04:02:18 PM PST

      [ Parent ]

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