Answer :

Answer:

a. deduction

Explanation:

when a tax is subtracted from a paycheck

When a tax is subtracted from a paycheck, it is called the net income

What do you mean by net income?

Net income is the amount an individual or business makes after deducting costs, allowances and taxes. Net income is what the business has left over after all expenses.

What is Net profit vs Gross profit?

Net profit is the amount of money you are left with after having paid all your allowable business expenses and taxes, while gross profit is the amount of money you are left with after deducting the cost of goods sold from revenue.

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