What does Gross Annual Income mean?
2007-01-13 19:53:08 · 14 answers · asked by greenlantern28 2 in Business & Finance ➔ Credit
Yearly amount of money that you get before tax or anything else is deducted.
2007-01-13 19:58:06 · answer #1 · answered by Stag S 5 · 4⤊ 0⤋
Gross Annual Income
2016-09-29 03:13:37 · answer #2 · answered by ? 4 · 0⤊ 0⤋
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What does Gross Annual Income mean?
What does Gross Annual Income mean?
2015-08-18 16:11:44 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Your gross annual income is the amount of money you make per year before taxes and other deductions are taken out. This is also the amount that would be printed on your W-2 every year. Here's an example of how you can figure out your gross annual income if you don't know it. EX: If you make 12.00/hr and work 40 hours per week. 12.00 x 40 = 480.00 There are 52 weeks in a year so 480.00 x 52 = $24,960.00/year.
2007-01-13 20:04:16 · answer #4 · answered by newsoutherngirl 2 · 16⤊ 0⤋
annual income for the purpose of income tax for the assessment year 2014-15 for central government employees.
2014-02-04 22:00:04 · answer #5 · answered by D Muthu Kumar 1 · 0⤊ 0⤋
Generally
Gross= before taking taxes or deductions into account
Net= after takes or deductions(take home pay)
when it comes to things like your paycheck.
2007-01-13 20:02:04 · answer #6 · answered by 0o0o0o 2 · 3⤊ 0⤋
net means the amount you take home each week after all the deductions have been taken out of your GROSS income ( the total amount you make, way back when they were naming all kinds of stuff, a lot of people were complaining about the amount of money they actually made per week, and they said that's gross, and it stuck
smile
good luck
2007-01-14 02:30:18 · answer #7 · answered by Anonymous · 2⤊ 1⤋
total income before deductions or taxes
2007-01-13 20:02:28 · answer #8 · answered by Anonymous · 2⤊ 0⤋
It means how much money you make in a year before they take out taxes, insurance, etc.
2007-01-13 19:58:04 · answer #9 · answered by boysmom 5 · 1⤊ 0⤋
It's the amount you earn in a year before taxes, social security, 401K, etc. are deducted.
2007-01-13 20:01:54 · answer #10 · answered by Anonymous · 1⤊ 0⤋