What Is Gross Income?

An individual’s total earnings before taxes and other deductions

Tunji Onigbanjo

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Photo by Blogging Guide on Unsplash

Gross income is an individual’s total earnings before taxes and other deductions. Income is not limited to income received in cash. It can also include properties or services received. Gross income is also a term used in the business world, but today the focus will be on individuals.

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