The amount of gross income is the amount of income before taxes or any other expense is deducted. Net income is the amount of income after taxes expenses ect. I first learned this in accounting class when I attended college. This isn't very easy to remember. The way I tried to remember was I always say to myself that net means the tax net that catches the remaining income after all other
. deductions have been made. People always wonder which income child support is based on. Child support payments are always based on your gross income. Unless your lawyer can prove the amount of income after expenses will provide a hardship for you beyond reasonable circumstances.
