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Question
- what is gross income? the amount of money you receive after all deductions. income earned after taxes are withheld. only income from employment. income before any deductions or exemptions.
Brief Explanations
Gross income is the total income an individual or entity earns before any deductions (such as taxes, insurance premiums, etc.) or exemptions are applied. It includes all sources of income, not just employment - related income.
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Income before any deductions or exemptions.