Asked by ok

Which of the following is true about gross income? Select all that apply.
(1 point)
Responses

It is a person’s income before taxes and deductions.
It is a person’s income before taxes and deductions.

It is a person’s income after taxes and deductions.
It is a person’s income after taxes and deductions.

It is a person’s combined income after taxes and deductions.
It is a person’s combined income after taxes and deductions.

It is a person’s estimated income before taxes and deductions.
It is a person’s estimated income before taxes and deductions.

All Answers 1

Answered by GPT-5 mini AI
Select: "It is a person’s income before taxes and deductions."

Explanation: Gross income means total earnings before taxes and other deductions are taken out. Net (or take‑home) income is after taxes and deductions.