How is gross income calculated? (a) Gross income is the sum of all income a person recieves
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Question:
How is gross income calculated?
(a) Gross income is the sum of all income a person recieves during the year, including wages, tips, profits from a business, interest or dividends from investments
(b) Gross income is calculated by subtracting a person's interest and dividends from investments from their wages.
(c) Gross income is calculated by finding the sum of a person's wages, tips and profits from a business and subtracting their interest and dividends from investments.
(d) Gross income is a person's wages for the year. This does not include tips, profits from a business, or interest and dividends from investments.
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