Question: Question 1 What is the difference between gross and net income? Gross income is what you earn before taxes, and net income is what you

Question 1
What is the difference between gross and net income?
Gross income is what you earn before taxes, and net income is what you take home after deductions
Gross income is after taxes, and net income is before taxes.
Gross income is the amount taxes are based on, and net income is before retirement funds are withdrawn
Gross income is what receive after deductions, and net income is your total earningsU
Question 1 What is the difference between gross and net income?

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