Earned Income
Compare with taxable income and passive income.
Earned income is generally net income from employment, business and rentals
- excludes investment income, taxable capital gains and pension benefits
Earned income consists of
- alimony
- business income less expenses
- commissions
- salary/wages
- research grants less expenses
- royalties
Disability insurance usually replaces a portion of earned income, excluding some items.
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page revision: 6, last edited: 29 Jul 2007 16:57
