How to Compute Gross Annual Income?

Add all wages, salaries, tips, and bonuses earned before taxes

Include overtime pay and commissions

Add income from self-employment or freelance work before expenses

Include rental income before deductions

Add interest, dividends, and other investment income

Include pensions, retirement income, and annuities

Add alimony received if applicable

Include unemployment benefits and other taxable benefits

Sum all gross income sources for the year

Use the total as your gross annual income

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