Learn what net income means for businesses and individuals, how it's calculated, and why it's a crucial financial metric.
Businesses often use gross income instead of net income to better gauge the product-specific performance of the business. Investopedia / Tara Anand An individual's and a company's gross incomes ...
Net investment income, OR The amount exceeding MAGI The income thresholds are not indexed for inflation, meaning if inflation were to rise, you would pay a higher tax percentage on the same ...