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Question
income quick check
which describes gross income? (1 point)
○ all wages, payments, and other earnings
○ all wages minus voluntary deductions
○ all wages and other earnings minus fica
○ all wages minus involuntary deductions
Gross income is defined as the total amount of earnings before any deductions (like taxes, voluntary or involuntary deductions) are made. The first option, "all wages, payments, and other earnings", matches this definition as it represents the total earnings without subtracting any deductions. The other options involve subtracting deductions (voluntary, FICA, involuntary), which would be related to net income or other adjusted income measures, not gross income.
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A. all wages, payments, and other earnings