👉 Overgrossness is a term used in accounting and finance to describe the situation where an individual or entity has exceeded their gross income, which is calculated by subtracting all allowable deductions from their total income. This can occur due to various reasons such as employment benefits, charitable donations, or personal expenses. The overgrossness can be positive or negative, depending on how much excess income is considered "overgross." If an individual or entity has a large amount of income that exceeds their gross income, they
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