Determine the proper tax year for gross income inclusion in each of the following cases.
Definitions:
Sales and Sales Taxes
Revenue from goods or services sold, and the tax collected on these sales, which is remitted to the government.
Gross Earnings
The total income earned by a business before deductions such as taxes, expenses, and costs.
Net Pay
The take-home pay an employee receives after deductions such as taxes and retirement contributions.
Federal Income Tax
The annual income of individuals, corporations, trusts, and other legal entities is subject to a tax imposed by the IRS.
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