after-tax income
What you keep
After-tax income is the money remaining after income taxes have been deducted—what you actually take home rather than your gross earnings.
Financial planners use it to assess true purchasing power: Our after-tax income barely covers the mortgage.
Also called take-home pay or net income.
- take-home payEarnings after withholdings
- paycheckCompensation for labor
- pay stubEarnings and deductions summary
- salaryFixed periodic employment payment
- real wagesPay adjusted for prices
wages · withholding · tax bracket · earnings · IRS · tax return · refund · bracket · payroll · W-2 · direct deposit · bank account · budget · cost of living · living expenses · monthly bills · savings · rainy day fund
- incomesalary, earnings, wages, pay, net earnings
- financialsprofit, earnings, net profit, gross profit, revenue
- corporate taxcorporate tax, corporation tax, tax liability, tax rates, corporate tax rate
- taxessales tax, estate tax, excise tax, corporate tax, payroll tax
after-tax incomegross income
Earnings before any deductions
gross earnings · gross pay · gross salary · total compensation · taxable income
after-tax incomeexpenses
Money spent on things
expenditures · outgoings · tax liability · tax burden · deductions
after, income, taxed, taxing, taxes, taxation, taxable, incomes, afterward