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What is the money someone has earned before any deductions such as taxes?
Wiki User
∙ 13y ago
Gross income
Wiki User
∙ 13y ago
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Is the total money you earned if you don't subtract the deductions?
It is Gross Pay.
Which is the best description of gross pay?
the amount of money a worker receives before any deductions
What is a word for Total amount of pay before deductions?
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
What is the difference between gross pay and net after tax incomes?
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
Money taken out of a salary for such things as taxes medical insurance and retirement funds are called?
Money taken out of a salary for such things as taxes, insurance, and retirement funds are called deductions.
What is grosse pay?
The amount of money earned before deductions are taken out of a paycheck
Is the total money you earned if you don't subtract the deductions?
It is Gross Pay.
What is the difference between Gross Income and Net Income as it is applied to the typical worker?
Gross income usually is the money someone or something has earned before any deductions such as taxes, expenses, or promotion has been deducted. If you are receiving money after such expenses have been deducted, you are receiving money based on NET income.
What is the difference net pay and gross pay?
Anytime you see the term "net" before pay, income, etc, it's the balance of money earned after taxes are deducted. The term gross is the balance of money earned before taxes and other deductions, such IRA's, Insurance Plans, and other premiums and costs are deducted.
What is net pay?
the total amount of money earned after all withholdings
What is a word that means money earned or received from someone else for working?
Money earned from working is called income.
Which is the best description of gross pay?
the amount of money a worker receives before any deductions
If someone earned a lot of money how does that someone spend it?
If someone earned a lot of money, they could spend it in many ways. Typically one would try to save a certain percentage of money earned and then spend the rest on either items that they would need to live, or just items that they would want.
Gross income?
Is the amount of money people earn in a pay period before any deductions or takes are taken out
What is money earned before taxes are taken out?
gross incomer
What is a word for Total amount of pay before deductions?
Gross income is the total amount of money before taxes are took out. This is also known as taxable income.
What is the difference between gross pay and net after tax incomes?
The difference between gross pay and net pay is that gross pay is the amount that you receive before tax deductions and pay net is the money you take home after all the tax deductions
