contestada

What is the definition of gross income?

amount of income saved per year
amount earned before deductions
amount of tax deducted from income
amount received after deductions

Respuesta :

Gross income is the amount earned before deductions.

Answer:

Amount earned before deductions.

Explanation:

Gross income is the amount that a worker receives as a salary before any deductions take place, such as income taxes. While gross income can be a useful measurement of income, it is not necessarily the best way to think about it, as the money might not be fully available to the person. Another way of thinking about income is net income, which refers to the amount that is left after deductions.