What is a gross income in math? A gross income is the total amount of money earned usually over the course of a year before taxes and others items are taken out as deductions.
Typically, your gross income will come from a job. However, it can also come from other sources such as the ones mentioned below:
Example #1
Peter's yearly salary is $40,000 working as a teacher. He also makes $20,000 driving for Uber. What is Peter's gross income?
Peter's gross income = $40,000 + $20,000 = $60,000
Example #2
Maria's yearly salary is $60,000 working as a nurse. She also receives $35,000 in alimony from her ex-husband. Finally, she makes $15000 selling goods on Amazon. What is Maria's gross income?
Maria's gross income = $60,000 + $35,000 + 15000 = $110,000