Princeton's WordNet(0.00 / 0 votes)Rate this definition: reference point, point of reference, reference(noun) an indicator that orients you generally. it is used as a reference for comparing the heating and the electrical energy involved.
For Individuals. Gross income is an individual's income and receipts from nearly all sources. It is the starting point for determining the taxes that individual will pay. Sources of gross income include salary, wages, tips, capital gains, dividends, interest, rents, pensions and alimony.
Adjusted Gross Income - AGI. What is 'Adjusted Gross Income - AGI'. Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. Gross Earnings. Modified Adjusted Gross Income ...