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Gross income


Gross income in United States income tax law is generally receipts and gains from all sources. ... The term "income" is not defined in the statute or regulations.

Gross Income Definition | Investopedia


1. An individual's total personal income, before accounting for taxes or deductions. 2. A company's revenue minus cost of goods sold. Also called "gross profit" ...

Gross income | Define Gross income at Dictionary.com


Gross income definition, Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. See more.

What is the difference between gross and net income? - Questions ...


Jul 28, 2013 ... The concepts of gross and net income have different meanings, depending on whether you are discussing a business or a wage earner.

26 U.S. Code § 61 - Gross income defined | US Law | LII / Legal ...


(a) General definitionExcept as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) ...

What is gross income? definition and meaning


Definition of gross income: The amount by which sales revenue exceeds production costs (cost of sales). Though operating income gives a more accurate  ...

Gross income financial definition of gross income

financial-dictionary.thefreedictionary.com/gross income

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What is Adjusted Gross Income (AGI)? - TurboTax Tax Tips & Videos


When preparing your tax return, you probably pay more attention to your taxable income than your adjusted gross income (AGI). However, your AGI is also ...

Gross Income Defined 26 CFR § 1.61-2 - IRS.gov


Gross Income Defined. 26 CFR § 1.61-2: Compensation for services, including fees, commissions, and similar items. (Also: ). Rev. Rul. 2007-19. PURPOSE.

Gross Income | Definition of Gross Income by Merriam-Webster

www.merriam-webster.com/dictionary/gross income

1 : the total of all revenue or receipts usually for a given period except receipts or returns of capital. 2 : all income derived from any source except for items ...

gross income
Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.
Source: Dictionary.com
gross income | Define gross income at Dictionary.com
dictionary.reference.com/browse/gross income
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