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What is the difference between gross and net income?

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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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