2006-07-06 08:05:47 · 13 answers · asked by dianafedez 3 in Business & Finance ➔ Personal Finance
Here is a way to remember the difference. Think of fishing. What ever is in the "net" you get to keep.
2006-07-06 08:09:36 · answer #1 · answered by Lunagirl 4 · 1⤊ 0⤋
The gross amount is before taxes.
2006-07-06 15:08:54 · answer #2 · answered by Deb 1 · 0⤊ 0⤋
Before
2006-07-06 15:08:33 · answer #3 · answered by prettypixie1997 4 · 0⤊ 0⤋
Before taxes
2006-07-06 15:09:19 · answer #4 · answered by daisycarlene 2 · 0⤊ 0⤋
Before.
2006-07-06 15:23:36 · answer #5 · answered by Bostonian In MO 7 · 0⤊ 0⤋
If you are running a business, then Gross sales dollars is the total amount that you receive from your customers. Then you must deduct your expenses (rent, salaries, etc) to arrive a the "Net" amount. The "Net" is the amount upon which you pay taxes.
2006-07-06 15:19:12 · answer #6 · answered by DeaconFan 1 · 0⤊ 0⤋
I always get that mixed up cuz I think it is TOTALLY gross what they do to you leaving you with so little after taxes.....LOL So what's left is the *gross* amount. Although, I understand the correct answer!
2006-07-06 15:14:54 · answer #7 · answered by tavgirl1954 3 · 0⤊ 0⤋
Gross is before taxes or benefits are removed, net is after.
2006-07-06 15:09:08 · answer #8 · answered by Erin S 4 · 0⤊ 0⤋
Before taxes. Net is after tax.
2006-07-06 15:07:08 · answer #9 · answered by jb68 3 · 0⤊ 0⤋
gross amount is before tax my dear.
2006-07-06 15:09:28 · answer #10 · answered by 2006xx 1 · 0⤊ 0⤋
gross wages are before tax
2006-07-06 15:09:15 · answer #11 · answered by mt_lil 3 · 0⤊ 0⤋