Noun
Income generated before deducting expenses, taxes, insurance, etc.
In United States tax law, income that is subject to taxation under the Internal Revenue Code (see Internal Revenue Code 61).
Source: en.wiktionary.orgAccording to the study, approximately 16.7 million U.S. workers born in Latin America had a combined gross income of $450 billion last year, of which 93 percent was spent locally. Luis Gutierrez
After that, an application form is filled that requires necessary information and taxable and non-taxable gross income of the applicant. Source: Internet
“As an affordability rule of thumb, one should not spend more than 30 per cent of his/her monthly gross income on housing,” said Adrian Goslett, regional director and CEO of RE/MAX of Southern Africa. Source: Internet
Atack, p. 142 He implemented a scheme under which he was paid a percentage of the Church of Scientology's gross income and by 1957 he was being paid about $250,000 annually—equivalent to $1.9 million at 2010 prices. Source: Internet
Citizens and resident aliens earning less than $75,000 in individual adjusted gross income are generally eligible for a $1,200 relief payment. Source: Internet
For a family of four, the gross income limit is $2,790, while the net income limit is $2,146. Source: Internet