Gross annual income definition
Gross annual income means any form of remuneration for services rendered (which includes salaries, wages, overtime payments, bonus or merit pay payments, pensions, fees, royalties or any other equivalent income) and any allowances or benefits with the exception of payments representing reimbursement of expenses.
Gross annual income means the total income, before taxes and other deductions, received by all members of the mortgagor’s household. There shall be included in this total income all wages, social security payments, re- tirement benefits, military and vet- eran’s disability payments, unemploy- ment benefits, welfare benefits, inter- est and dividend payments, and such other income items as the Secretary considers appropriate.
Gross annual income means pre-tax money earned annually by a household including overtime pay, commissions, dividends, and any other source of income.
Examples of Gross annual income in a sentence
Gross annual income is used for income limits at admission and for income-mixing purposes.
Gross annual income – this includes state benefits, except Housing Benefit and Council tax benefit.
Gross annual income will be determined by combining all sources of income to derive the total income for a one-year period.
Gross annual income is used for income limits at admission, income targeting, and for income- mixing purposes.
Gross annual income shall not exceed the applicable program income limits.
More Definitions of Gross annual income
Gross annual income means total annual income, as at the date of the application for a representation order, from all sources, other than the receipt of any of the following—
Gross annual income means income originating from employment or self- employment, income replacement (e.g. maternity allowance, parental allowance, social security benefits and unemployment allowance, but not payments representing reimbursement of expenses) or pension, before tax and before the deduction of social security contributions.
Gross annual income in C.C.P. § 704.730(a)(3) means income over a calendar year, not 12 months prior to filing
Gross annual income means the sum of all taxable incomes, being the amount identified as taxable income on the most recent income tax return (line 260 of the income tax T1 General Form), of all individuals 15 years and older that reside in the Household;
Gross annual income means total annual income, for the 12 months preceding the application for remission or part remission, from all sources other than receipt of any of the excluded benefits;
Gross annual income means all income resulting directly or indirectly from the operation of a property or building such as all rent received or collectable, including any rent from a less than arm's length transaction, the landlord's share of interest on security deposits, all earnings from commission, vending machines, late fees, pet fees, parking fees, pool fees, key charges, finder's fees, amount received from successful tax appeals, income from rebates, tax surcharges, capital improvement surcharges, computed in accordance with the provisions and limitations of this section.
Gross annual income means the total gross income of SteadiWare LLC listed on line 22 of IRS Form 1040, as amended from time to time (or a successor form).