Learn about Effective Gross Income (EGI)—the sum of potential gross rental income and other income minus vacancy and ...

Apply deductions to your gross income to get your taxable income Reviewed by Lea D. Uradu Fact checked by Suzanne Kvilhaug Gross income includes all income that you receive from any possible source.

Your sources of income, whether received through a paycheck, side hustle, tips or burgeoning e-commerce store, all need to be accounted for when it comes time to file your tax return. Before filling ...