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What is the difference between gross and net income?

You may be looking at your check stub wondering that the difference is between these two amounts. Check stubs in general can be confusing to understand!

Here’s a quick description to hopefully eliminate that confusion:
GROSS income is the amount your paycheck was BEFORE taxes.

NET income is the amount after taxes/deductions of any kind. That is the amount you will receive either via check or direct deposit.

Last Updated On January 28, 2019

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