Business
Business, 07.10.2019 21:30, sneckoencko

Which explains a difference between income and taxable income?

income is what a person earns, while taxable income reflects deductions for various expenses.

income is what a person earns, while taxable income reflects what is left after paying federal taxes.

income is what a person earns, while taxable income reflects what is left after paying local and state taxes.

income is what a person earns, while taxable income reflects what is received from the irs in a tax refund.

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