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Definitions

gross income

NOUN
total income earned
Synonyms


Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

That can increase your modified adjusted gross income and impact your Medicare premiums.

From MarketWatch

Taxpayers with adjusted gross income of $500,000 provided 57% of itemized charitable giving in 2022, while those with income of $1 million or more accounted for about 48%, the report said.

From Barron's

Crucially, this tax-advantaged strategy satisfies your required minimum distributions without increasing your adjusted gross income.

From MarketWatch

A family buying a median-priced home, which was then $260,000, would have spent about 28.7% of their gross income on the house, according to data from the Federal Reserve Bank of Atlanta.

From MarketWatch

But a family buying a median-priced home for $402,000 would need to spend 30% of their gross income on the house, the data showed, pushing them to an important limit: Housing costs are only considered affordable when they’re 30% or less of gross income.

From MarketWatch