gross income

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

To buy a median-priced home at about $400,000, a prospective buyer would need to earn about $121,000 for the house to be considered affordable, meaning that the housing costs don’t take up more than 30% of their gross income, according to the Federal Reserve Bank of Atlanta’s Home Ownership Affordability Monitor.

From MarketWatch

From April, taxpayers with more than £50,000 of gross income from self-employment or rental income in the 2024-25 tax year will need to comply with Making Tax Digital rules which will replace self assessment.

From BBC

To afford a median-priced $400,000 home, a prospective buyer would need an income of $121,000 to keep their housing costs under the recommended level of 30% of gross income, according to data from the Federal Reserve Bank of Atlanta.

From MarketWatch

The additional deduction will begin to be phased out for individuals with modified adjusted gross income of $75,000, or $150,000 for those who are married filing jointly, the Internal Revenue Service said.

From MarketWatch

The 100% figure rises to 110% for filers with adjusted gross income of more than $150,000, or $75,000 for married taxpayers filing separately.

From The Wall Street Journal