GROSS MONTHLY INCOME: 5 KEY CRITERIA FOR DETERMINING

What is gross monthly income?
Gross income is the total amount you earn before any deductions. Things like taxes, health insurance, retirement plans, and other forms of deductions from your salary

GROSS MONTHLY INCOME: 5 KEY CRITERIA FOR DETERMINING

What is gross monthly income?
Gross income is the total amount you earn before any deductions. Things like taxes, health insurance, retirement plans, and other forms of deductions from your salary before your final take-home pay constitute your net pay. In other words, your net income comes after all necessary deductions and withholdings. But the overall sum per month you earn before those deductions and withholdings is your gross income.

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