Reviewed by Lea D. UraduFact checked by Jared EckerReviewed by Lea D. UraduFact checked by Jared Ecker What Is Schedule K-1?

What's adjusted gross income, also known as AGI? Here's what to know about this important income tax calculation.

Rules and reporting requirements depend on whether the cash is income or a gift, how much money changes hands and if you're ...