Answer:
The answer is "taxable income and deductions"
Step-by-step explanation:
In the given question some information is missing that is choices. So, the correct answer can be described as follows:
- The taxable pay is the sum of income that used compute how much tax a company employee intends to give to the govt in such a particular tax year.
- It's also described as gross income that would-be clients' total income, referred to as "total salary," except for any allowable deductions in that income year.
- To determine net income, you start by implementing those net income adjustments to arrive at the adjusted gross income (AGI).