Examlex
The "Magic Middle" refers to
Full-Time Employee
An individual employed for a standard workweek, often defined by an employer as working a minimum number of hours, typically at least 35-40 hours per week.
AGI Deduction
Adjustments made to gross income in order to calculate the Adjusted Gross Income (AGI), affecting tax liability.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured.
Self-Employed
An individual who operates a business or trade as a sole proprietor or independent contractor, responsible for their own tax filings and benefits.
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