New York, NY
Does one have to take ma’aser before they invest? Or do they take ma’aser on the earnings? Do they have to take it from investment earnings, is this only when they take money out their retirement account? Is ma’aser taken from Gross income or Adjusted gross income?
According to Rav Moshe, one takes ma’aser on take-home pay, not gross income, since this is effectively what the person is actually earning. Iggrot Moshe YD 1:143 – אבל המסים של האינקאם טעקס שזה הוא מס מהריוח אין צריך לעשר עליהם משום דנחשב כלא הרויח זה כלל. So, it is adjusted gross income. There are