Income is a general term referring to one's financial gain, whether earned or unearned, received as wages, or for services, from the sale of goods or property, or as earnings on investments over a given period of time. Gross income is the total income earned from all sources (e.g. wages, property) in a given period before expenses or taxes are deducted. Net income is the income or profit remaining after taxes and expenses have been deducted.
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Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Gross total income is the total income for the country divided by the amount of people therefore you get what each person in the country would get.
Gross is what you make before taxes and anything else is taken out. Net is what you take home after it is all taken out.
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Gross income is the difference between revenue and direct expenses while net income is the income from all activities of business whether oprating activities or other activities.
Gross margin is Gross income as a percentage of revenue. Net Margin is net income as a percentage of revenue.
Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Gross total income is the total income for the country divided by the amount of people therefore you get what each person in the country would get.
The difference between deduction for AGI and deduction from AGI is that deduction for AGI reduces your total income before calculating your adjusted gross income, while deduction from AGI reduces your adjusted gross income after it has been calculated.
Your gross income is your income before anything is taken out. Your net income is your remaining income after deducting taxes and expenses--so on your paycheck, your net is your "take home pay".
Gross is what you make before taxes and anything else is taken out. Net is what you take home after it is all taken out.
Above the line deductions are subtracted from a person's gross income to calculate adjusted gross income, while below the line deductions are subtracted from adjusted gross income to determine taxable income.
Gross revenue is the total sales/income from the primary business activity. Gross profit is Net Sales minus Cost of Goods Sold. Look at a multiple-step income statement for clarification.
Gross income is the total amount of money you earn before any deductions or taxes are taken out. Net income is the amount of money you take home after deductions like taxes, insurance, and retirement contributions are subtracted from your gross income.