Gross income is your total earnings before taxes or deductions come out — it’s what you make, not what you take home. Whether you’re budgeting, filing taxes or applying for a loan, it’s important to ...

Learn the difference between gross vs. net income, and how each affects your tax payments. Gross income is the total amount of income you receive from all sources before any taxes or other deductions ...

For individuals, your gross income is the total amount of earned income that you can find on your paycheque before any taxes and deductions are taken off. It considers all sources of income from your ...

Adjusted gross income (AGI) and modified adjusted gross income (MAGI) are two ways to calculate what your income might be for tax purposes. Both these figures directly influence your tax obligations, ...

Modified adjusted gross income, or MAGI, might sound like just more tax jargon, but knowing how to calculate your MAGI is key to determining your eligibility for several valuable tax benefits, ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. When evaluating a company's financial statements, there are plenty of metrics ...