Term	Answer	Description
Adjustments		A. This is mortgage interest expense.
Adjusted gross income		B. This is taxed as ordinary income if held less than 12 months.
Deductions		C. Many of these are based on a percentage of AGI.
Standard deduction		D. This is a claim made by the taxpayer for each person supported by the taxpayers income.
Itemized deduction		E. This term equals gross income less adjustments.
Exemption		F. This is adjusted gross income less deductions and exemptions.
Itemized deduction example		G. This can be either standard or itemized.
Capital gains tax categories		H. Deductions such as employee, personal retirement, higher education, and support expenses are included in this category.
Steps to AGI		I. This is adjusted annually for changes in cost of living.
Steps to taxable income		J. This term refers to the result after deducting expenses like alimony paid and self-employment taxes, to name a few.