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The phrase "largest income" is correct and can be used in written English.
You can use it to describe the highest level of income received by an individual or organization. Example: The company reported a record-breaking year with its largest income to date.
Exact(41)
We have enacted, since I've been here, the largest income tax cut in the state's history.
The city has one of the largest income inequality gaps in the United States.
Notably, lower-income households saw the largest income gains in percentage terms.
It was the largest income compared to all other incomes added together for 45% of the respondents.
For a spell in the 1970s, revenues from phosphate mining gave Nauruans the world's largest income per head.
And few dare leave the United States for fear of losing the single largest income stream their families have.
Similar(19)
Tourism is the largest income-producing activity in the state.
Those are also the most valuable tax breaks for the wealthiest 1% of households, which are also getting the largest income-tax rate cut.
" The White House has been arguing that its plan would give less affluent workers some of the largest income-tax cuts when measured as a percentage of each worker's pay instead of in absolute dollars.
Eventually, the legislature went along with what Pence often describes as "the largest income-tax cut in the state's history," even though Indiana already had one of the lowest income taxes in the country, and had cut it only once before.
A federal judge has ordered H&R Block, the nation's largest income-tax preparation company, to stop using the phrase "rapid refund" and other terms that he said were deliberately intended to disguise expensive loans that Block arranges for people anticipating refunds on their income taxes.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com