Definition of Pre-tax income:
Formula: Operating income + interest income - interest expense.
How to use Pre-tax income in a sentence?
- Lindas pre-tax income was six figures, but due to high taxes on the wealthy it was much below six figures after taxes.
- Investors at crowdfunding services often mistake their gross earnings for pre-tax income , without taking into account the cost of the loans theyre holding.
- 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