Pre-tax income

Pre-tax income,

Definition of Pre-tax income:

  1. Formula: Operating income + interest income - interest expense.

How to use Pre-tax income in a sentence?

  1. Lindas pre-tax income was six figures, but due to high taxes on the wealthy it was much below six figures after taxes.
  2. Investors at crowdfunding services often mistake their gross earnings for pre-tax income , without taking into account the cost of the loans theyre holding.
  3. Our pre-tax income was sufficient to qualify for a home mortgage however we are uncomfortable that our net income after taxes will allow us the flexibility to handle unforeseen expenses.

Meaning of Pre-tax income & Pre-tax income Definition