Download Earning Income
Pics. Net income is the profit that a company earned over a set period of time. Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms.
Residual income, also called passive income, involves a steady source of income that does not come from an employer or contractor.
Earned income is income that is a direct result of your labor. Income, revenue, and earnings are probably the three most widely used concepts in accounting and finance. Earned income synonyms, earned income pronunciation, earned income translation, english dictionary definition of earned income. Learn what taxable earned income is and what it includes, and find examples of income that are not considered earned income for earned income tax credit (eitc) purposes.
