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Nataliya [291]
3 years ago
9

What is a person's taxable income?

History
1 answer:
Dmitry [639]3 years ago
3 0

Taxable income is the amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year. It is generally described as gross income or adjusted gross income (which is minus any deductions or exemptions allowed in that tax year)

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