Taxable Income > Gross Income

[jyeh74]

How can taxable income be higher than gross income? Let’s say gross income is $100. Taxable income shows $115. How could that be?

[llworking]

How can taxable income be higher than gross income? Let’s say gross income is $100. Taxable income shows $115. How could that be?

What document is showing that? Is it a W2, a 1099 of some sort or something else? The potential reasons could vary depending on what kind of form you are talking about.

[jyeh74]

It’s a biweekly paycheck that shows current vs YTD.

[llworking]

It’s a biweekly paycheck that shows current vs YTD.

Most likely that means that you have some sort of employee benefit that is taxable. You should direct your inquiry towards your HR department as to what that is.