Gross income then would be $30,000.
Your net income is $30k. If you're the only wage earner in your family, that's also your annual household income.
You make 60k so that is your annual income and doesn't matter what you have to deduct from it.
The amount declared on your taxes.
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Gross income then would be $30,000.
Your net income is $30k. If you're the only wage earner in your family, that's also your annual household income.
You make 60k so that is your annual income and doesn't matter what you have to deduct from it.
The amount declared on your taxes.