• Gross earnings is the total amount of income earned by an individual/household or company over a given period of time.
  • Gross earnings of a person or household is any income without any deductions.
  • For a business, gross profit is total revenue minus cost of goods sold.
  • Gross earnings are also called gross income or gross profit.
  • The IRS makes a distinction between gross income and the adjusted gross income that remains after deducting certain surcharges.