Month: March 2020

Difference Between Earned Income and Adjusted Gross Income

Brookline, NH Resident Has Questions

Earned income refers to all of the ways that you get paid throughout the year.  This includes your paycheck, commissions, bonuses and income less expenses for self-employed individuals.  It also includes money earned from investments, interest, dividends, alimony and Social Security.  Adjusted gross income refers to this money less any standard deductions that are available to you.  These deductions, referred to as ‘above the line deductions’, are those that are standard to everyone regardless of whether they are itemizing.

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405 Daniel Webster Hwy
Merrimack, NH 03054
(603) 429-2009

Regular Hours

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Monday: 9AM-4PM
Tuesday: Closed
Wednesday: 9AM-4PM
Thursday: Closed
Friday: 9AM-3PM
Saturday: Closed

Tax Season Hours (Feb 1 - Apr 15)

Sunday: Closed
Monday: 9AM-5PM
Tuesday: 9AM-5PM
Wednesday: 9AM-5PM
Thursday: 9AM-5PM
Friday: 9AM-4PM
Saturday: 9AM-2PM