When people generally refer to income, are they always refering to before taxes? Eg. $70,000/year?

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2007-04-10 09:31:43 · 3 answers · asked by hyostee 2 in Business & Finance ➔ Taxes ➔ United States

Yes, since everyone's tax situation is different the net only matters to them.

2007-04-10 09:34:49 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋

That's what they almost always mean, their gross income before tax.

2007-04-10 17:01:29 · answer #2 · answered by Judy 7 · 0⤊ 0⤋

Nearly always, yes.

2007-04-10 16:35:15 · answer #3 · answered by csucdartgirl 7 · 0⤊ 1⤋