2 years ago

Why is net income lower then gross income?

1 answer:

3 0

The net income is lower than the gross income because net income is the money that you get after all of your taxes and other deductions that may need to be taken from your check. your gross income, is the total amount of the wages that you would have been payed by your employer without any taxess or deductions taken out. I hope this helped. If you need a better explanation please let me know and I can try to help.

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