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gross income

American  

noun

  • gross incomes
    plural
  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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Congress rewrote the charitable-deduction rules, effective Jan. 1, 2026, with the One Big Beautiful Bill Act, and every change pushed value away from the deduction and toward your adjusted gross income.

From MarketWatch Aug. 14, 2026

According to the Department of Education, students “from a household with income not greater than 300% of the area’s median gross income qualify.”

From Salon Jul. 28, 2026

The survey added on average, people in the affordable rental or partial ownership market spent 33% of gross income on housing-related issues, while private market renters averaged 22% and owners with mortgages averaged 19%.

From BBC Jul. 27, 2026

In addition to reducing or eliminating the enhanced senior deduction, higher gross income can trigger a Medicare premium increase, additional taxes, or a reduction in the itemized deduction for medical costs.

From MarketWatch Jun. 30, 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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