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AGI Is Used as the Base for Application of Percentage

question 16

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AGI is used as the base for application of percentage limitations i.e., 20%, 30%, 50%) that apply to the charitable contribution deduction for regular income tax purposes. Modified AGI is used as the base for application of percentage limitations that apply to the charitable contribution deduction for AMT purposes.


Definitions:

Dietary Supplements

Products taken by mouth that contain dietary ingredients such as vitamins, minerals, herbs, or amino acids, intended to supplement the diet.

Self-care Measures

Actions individuals take independently to maintain health and prevent disease, as well as manage illness.

Integrative Healthcare

A comprehensive approach to care that combines conventional medical treatments with alternative or complementary therapies to treat the whole person.

Nutritional Therapy

The treatment of medical conditions and the promotion of health through diet adjustment and the use of specific nutrients.

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