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Term Definition Gross Income - wages, income, earning and interest from all sources before deductions for taxes, alimony, cost of income production and other expenses.
Application in Divorce According to the I.R.C., gross income means all income from 1) compensation for services, including fees and commissions, 2) gross income from business, 3) gains from property dealings, 4) estate.

Gross income includes (but is not limited to) income for which a taxpayer receives a W-2 or 1099 statement.

Gross income includes the income from gambling, if any.

The courts consider gross income in making child support payment calculations.

See also Adjusted Gross Income.

Resources: I.R.C. Code ยง 61(a).