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New Member
posted Mar 22, 2021 5:54:35 AM

Does my total revenue include expenses

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1 Replies
Level 2
Mar 22, 2021 9:47:56 AM

Your gross income is all the money you earn from your self-employment. Total revenue refers to gross income. Your net income is what is left once you’ve deducted your expenses.

https://turbotax.intuit.ca/tips/tax-tip-comparing-net-business-income-and-gross-business-income-6174