摘要: Income from investments, including dividends, interest, royalties and capital gains.
There are three main categories of income: active income, passive income and portfolio income. These [阅读全文:]
摘要: An activity from which you have the potential to profit but in which you do not physically participate.
The income from rental properties is a good example of a passive activity. Making a disti[阅读全文:]
摘要: Earnings an individual derives from a rental property, limited partnership or other enterprise in which he or she is not actively involved. As with non-passive income, passive income is usually taxabl[阅读全文:]
摘要: A loss incurred through a rental property, limited partnership, or other enterprise in which the individual is not actively involved.
Passive losses can only be used to offset passive in[阅读全文:]
摘要: A dividend or distribution that a co-operative pays to its members or investors. Patronage dividends are given based on a proportion of profit made by the business. Once this amount is figured out the[阅读全文:]
摘要: Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some f[阅读全文:]
摘要: Generally, a specified amount that employers will pay to employees as reimbursement for various expenses. Per diem payments usually assume a set dollar limit, such as $30 per day for meals or $100 per[阅读全文:]
摘要: A taxable deduction that assigns a set percentage of depletion to the gross income derived from extracting fossil fuels, minerals or other nonrenewable resources from the earth. Percentage depletion i[阅读全文:]
摘要: The dollar amount that each individual taxpayer is able to deduct for him or herself or a dependent each year. A separate personal exemption is accorded to every man, woman and child in the U.S. that [阅读全文:]
摘要: An individual's total annual gross earnings coming from wages, business enterprises and various investments.
Personal income is also known as your "before-tax income" and is used in c[阅读全文:]