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ABOVE-THE-LINE

above-the-line,adj. (Of a deduction) taken after calculating gross income and before
calculating adjusted gross income. • Examples of above-the-line deductions are IRA contributions
and moving expenses. Formerly, indi-vidual tax returns had a dark line above which these
deductions were written. Cf. BELOW-THE-LINE. [Cases: Internal Revenue 3114. C.J.S.
Internal Revenue § 59.]

[Blacks Law 8th]