Can someone please explain this to me?

Question

What is the working income?

Working income for a tax year is the total amount of an individual's or family's income for the year from employment and business (excluding losses).

Does that mean total net income or after taxes.

Answer 1

Working income is the money earned from a job.  It is the amount you are paid.  For instance, if you are paid $10 per hour, and work 1000 hours in a year, your working income would be $10,000.  It also includes the amount a business you operated takes in after deducting costs (but not taxes).

Your net income is the amount you actually take home, after taxes and other deductions.

Answer 2

that is before taxes... there is capital gain income as well that comes from investments... they are taxed at different rates..