About company
What we create
and what we believe
and what we believe
Gross income
What is gross income?
Gross income is a person’s total earnings over a certain period before taxes and mandatory deductions.
This includes salary, rental income, investment returns, and any other earnings before deducting expenses like income tax, pension contributions, or social security payments.
For example, if a self-employed professional or business owner earns $8,000 per month, that amount represents their gross income. However, after taxes and other deductions, their net income (actual take-home pay or profit) will be lower.
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