below the lineglossary / BELOW-THE-LINE below-the-line, adj. (Of a deduction) taken after calculating adjusted gross income and before calculating taxable income. • Examples of below-the-line deductions are medical payments and local taxes. Cf. ABOVE-THE-LINE. 词条贡献者 法律翻译Barbara,毕业于英国一流的高级翻译学院,专注翻译各类与艺术诉讼有关的法律文件。