Gross earned income definition

Gross earned income means the total amount of gross earnings received in a month by all of the employed individuals in the family including wages legally obligated to all members of the family but which are diverted to a third party.
Gross earned income means the total amount of gross wages before taxes or deductions received in a month by all of the employed individuals in the assistance group.
Gross earned income means the total amount of gross earnings received in a month by all of the employed individuals in the family including wages legally obligated to all members of the family but which are diverted to a third party. "Gross unearned income" means the total amount of unearned income that is received in the month by all members of the family. Unearned income is income that is not gross earned income or is not gross earned income from self-employment, as defined in this rule. Unearned income includes cash contributions received by the family from absent caretakers, persons, organizations or assistance agencies, Social Security Administration disability, death or retirement benefits, and child support payments.

Examples of Gross earned income in a sentence

  • Gross earned income information was obtained from a source that did not provide itemized deductions allowed by the mandatory support guidelines.

  • Gross earned income means all money earned before such deductions as income taxes, employee’s social security taxes, insurance premiums, and bonds.

  • Gross earned income or gross pay (not the "take home" pay) regardless of deductions or garnisheed wages, withholding, or work expenses is the countable income.

  • Gross earned income means all money earned before deductions (income taxes, Social Security taxes, insurance premiums).

  • Gross earned income is counted towards the one hundred eighty-five per cent standard without any earned income disregards applied.

  • Article 1330: The main element of shirkah al-uqood is the offer and acceptance either verbally or inwardly.

  • Gross earned income is defined as the wage prior to payroll deductions and/or withholdings.

  • Gross earned income is defined as the wage prior to payroll deductions and/or withholdings.(1) Earned income from self-employment.

  • Gross earned income received by persons employed on a contractual basis must be prorated over the period covered by the contract even when payments are received over a lesser period of time.Subd.

  • Gross earned income is the total amount of compensation received for work or services performed without regard to any deductions.


More Definitions of Gross earned income

Gross earned income means all taxable income and wages, before expenses, a person or business earns from: services, sale of goods, working for someone, or working in a business the person owns or operates. Examples of gross earned income generally include but are not limited to: wages, salaries, tips, and other taxable employee pay; union strike benefits; long-term disability benefits received prior to minimum retirement age; earnings from self-employment if the person owns or operates their own business; and gross income received as a statutory employee. Examples of gross income that are not considered earned include: passive income, such as interest, dividends, and capital gains; retirement income; social security; unemployment benefits; alimony; and child support.
Gross earned income under the OWF program means the total amount of gross wages received in a month by all of the employed individuals in the assistance group. Gross earned income also includes wages legally obligated to members of the assistance group but which are diverted to a third party, as delineated in rule 5101:4-4-13 of the Administrative Code.

Related to Gross earned income

  • Earned Income means the same as that term is defined in § 32(c) of the Internal Revenue Code. The

  • Unearned income means any income which is not earned income and includes supplemental security income (SSI) and other funds available to a child residing in a foster care placement.

  • Gross income means the same as it does for income tax purposes, even if the income is not actually taxable, such as interest on tax-free bonds. Examples include: compensation for services, income from business, gains from property dealings, interest, rents, dividends, pensions, IRA distributions, social security, distributive share of partnership gross income, and alimony, but not child support.

  • Tax Revenues means the Personal Income Taxes and such other revenues, including Alternative Revenues (but excluding Building Aid), as the Authority may derive directly from the State from taxes imposed by the City or the State and collected by the State.

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.