Article: Relationship between personal income and adjusted gross income, 1987-88.

Relationship Between Personal Income and Adjusted Gross Income, 1987-88

The reconciliation of the Bureau of Economic Analysis (BEA) measure of personal income with the Internal Revenue Service (IRS) measure of adjusted gross income (AGI) by type of income is revised for 1987 and extended to 1988 in this article.(1) The reconciliation incorporates personal income estimates for 1987-88 released in the July 1990 national income and product accounts revision, a final estimate of AGI for 1987, and a preliminary estimate of AGI for 1988.

The reconciliation items (lines 3-9 and 11-15) in tables 1 and 2 allow the construction from personal income (line 1) of a ...

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