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.

What’s more, the average adjusted gross income for those leaving California was $134,000 in 2022, while for those entering it was $113,000, according to the most recent IRS data on net income flows cited by the report.

From Los Angeles Times

But one thing to be mindful of is that you can only deduct qualified medical expenses that exceed 7.5% of adjusted gross income, and Roth conversions increase that.

From MarketWatch

Its last accounts, from 2019, show that it had £1.28m gross income, but spent only £18,240 on charitable activities.

From BBC

Out-of-pocket medical expenses are deductible to the extent that they exceed 7.5% of your adjusted gross income.

From Barron's

For 2025 and 2026, having a lever to control income is especially important because it could help seniors qualify for the $6,000 bonus deduction, which starts to phase out above $75,000 in modified adjusted gross income for single filers and $150,000 for married couples.

From MarketWatch