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gross income

American  

noun

  1. Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.


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Example Sentences

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The distributions are added to adjusted gross income and are subject to income-tax rates of up to 37%.

From Barron's • May 9, 2026

For example, IRS data show the highest 1% of earners collect about 20% of the country’s total adjusted gross income.

From MarketWatch • Apr. 18, 2026

Starting this year, charitable donations below 0.5% of adjusted gross income won’t be deductible.

From The Wall Street Journal • Apr. 6, 2026

Crucially, this tax-advantaged strategy satisfies your required minimum distributions without increasing your adjusted gross income.

From MarketWatch • Feb. 12, 2026

“Well, first let’s look at your personal gross income from lawn cutting, shall we? It’s really the only figure that counts for this aspect of your operation.”

From "Lawn Boy" by Gary Paulsen

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