Examples of Federal adjusted gross income in a sentence
Individual holders of Units who are residents of New York State or New York City should compute their New York adjusted gross income in respect of the Trust Fund in the same manner as Federal adjusted gross income, increased by interest on obligations of states and political subdivisions thereof other than New York, which is exempt for Federal income tax purposes, and reduced by amortization of premium on such obligations.
Federal adjusted gross income shall not be reduced by the amount of a net operating loss carryback or carryforward or a capital loss carryback or carryforward allowed for the year.
Federal adjusted gross income may not be reduced by the amount of a net operating loss carryback or carryforward or a capital loss carryback or carryforward allowed for the year.
Federal adjusted gross income shall be modified to exclude any amount repaid by the taxpayer for which a reduction in federal tax is allowed under section 1341(a)(5) of the Internal Revenue Code.
Federal adjusted gross income may be decreased by the following deductions to the extent the amounts are included in federal adjusted gross income.
Federal adjusted gross income, or, for a fiduciary, federal taxable income shall be modified to exclude the portion of the income or loss received from a small business corporation with an election in effect under subchapter S of the Internal Revenue Code or from a limited liability company organized pursuant to the Nebraska Uniform Limited Liability Company Act that is not derived from or connected with Nebraska sources as determined in section 77-2734.01.
Ex- cept as specifically provided in para- graphs (a)(2) and (b)(1) of this section and in paragraph (c)(2) of § 301.6362–4, no account shall be taken of any reduc- tion or increase in the Federal adjusted gross income which would result from the exclusion from, or inclusion in, gross income of the items which are the subject of the adjustments provided in those paragraphs.
Oklahoma net capital gain included in Federal adjusted gross income.
Such amount is defined by Section T46-112 of the Administrative Code of the City of New York as his Federal adjusted gross income, with an addition for interest income on the obligations of a state or political subdivision of a state other than New York, if excluded from his federal adjusted gross income.
G.S. § 105-153.6) Federal adjusted gross income must be increased by certain additions to the extent the amounts are not included in federal adjusted gross income.