Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income ...

EBITDA, which stands for earnings before interest, taxes, depreciation and amortization, is a formula to measure a ... you’re measuring your company’s net income with costs associated with ...

divide your total monthly debt payments by your monthly income before taxes and deductions are taken out. Multiply that number by 100 to get your DTI expressed as a percentage. The DTI formula is ...

Some investors use EBIT instead, which is a company's net income before taxes and interest expenses. EBIT does take depreciation and amortization into account. Bottom-line net income offers the ...

The adjustments are calculated using a formula set by Congress ... (A tax deduction, by contrast, is applied to a taxpayer’s income before taxes are calculated.) In the event you don’t ...

and many states use it for their own income tax calculations. “Before you take any deductions or credits, you have your AGI,” explains Edward Renn, a partner on the private client and tax team ...