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Investments glossary

Gross Income

Gross income for an individual—also known as gross pay when it’s on a paycheck—is the individual’s total pay from his or her employer before taxes or other deductions. This includes income from all sources and is not limited to income received in cash; it also includes property or services received. Gross annual income is the amount of money a person earns in one year before taxes and includes income from all sources.

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