Gross Income
(n) Gross income is the total of all income of a person or entity during a period which is subject to tax after considering the allowable deductions and relief applicable to such income or person.
Legal-Explanations.com Home ...
GROSS INCOME - includes the following: (1) Compensation for services, including fees, commissions and similar items; (2) Gross income derived from business; (3) Gains derived from dealing in property; (4) Interest; (5) Rents; (6) Royalties; ...
Adjusted gross income (AGI) is gross income from taxable sources (including wages, interest, capital gains, income from retirement accounts, alimony received) minus allowable deductions, such as unreimbursed business expenses, some medical expenses, ...
Adjusted Gross Income (Agi) Adjusted gross income (AGI) is gross income from taxable sources (including wages, interest, capital gains, income from retirement accounts, alimony received) minus allowable deductions, ...
Gross income: The total income of a person or business, prior to deducting expenses.
Gross negligence: 1. Failure to act where duty demands that one act. 2. Acting in such a manner that one ignores the safety of others. 3. Willful neglect.
gross income
n. in calculating income tax, the income of an individual or business from all sources before deducting allowable expenses, which will result in net income.
gross income : all income derived from any source except for items specifically excluded by law NOTE: Section 61 of the Internal Revenue Code lists fifteen nonexclusive items that should be included in gross ...
gross income - Income from whatever source before any deductions
grounds for divorce - The legal reasons stated for requesting a divorce.
group life or group health insurance - A single policy under which individuals in a group may subscribe.
Gross Income
The total incomes from a property before any expenses are deducted.
Gross Lease ...
adjusted gross income - affirmative defense
affirmative easement - alienee
alienist - annotate ...
adjusted gross income
Related answers:
What is deductive argument? Read answer...
Net Wage Loss: Typically, gross income lost, minus liability for taxes and Employment Insurance premiums. For example, a gross income of $60,000 per year, reduced by taxes of $20,000 and E.I.
Child Support Guidelines: In child support cases in which the combined gross incomes of the parents do not exceed $300,000 per year, a court is likely to refer to a table of child support numbers called the North Carolina Child Support Guidelines.
It takes into consideration the gross income of both parents, less special adjustments such as support for children of a previous marriage, and a set amount of money to be allotted monthly for the child.
Taxable income - The income against which tax rates are applied to compute tax paid; gross income of businesses or adjusted gross income of individuals less deductions and exemptions.
A formula to determine the child support amount based upon gross income of both parents. This formula uses a child support worksheet that must be submitted to the court.
Chronological:
Arranged in order in which events happened; according to date.
Earnings that remain after an employer subtracts mandatory deductions (such as income tax, union dues and Social Security contributions) from an employee's gross income.
net estate
The value of all property owned at death less liabilities or debts.
 See also: Law, Person, Information, State, Property
  
|
RSS
