what is the definition of gross income?\n\namount of income saved per year\namount earned before…

what is the definition of gross income?\n\namount of income saved per year\namount earned before deductions\namount of tax deducted from income\namount received after deductions

what is the definition of gross income?\n\namount of income saved per year\namount earned before deductions\namount of tax deducted from income\namount received after deductions

Answer

Brief Explanations:

Gross income refers to the total pay or earnings an individual receives from all sources, such as wages, salaries, and bonuses, before any taxes or other mandatory deductions (like health insurance or retirement contributions) are taken out. In contrast, the amount received after these deductions is known as net income.

Answer:

amount earned before deductions