The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Net income reflects a company's profitability after subtracting all operating costs and expenses. Investors use net income to assess past and future performance and compare it against peers. A drop in ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Net Investment Income Tax thresholds aren't adjusted for ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

You may owe net investment income tax if you made more than the NIIT income threshold. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you ...