Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,891,164,023 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Active Income

    0.01 sec.
Active income
Income from an active business as opposed to passive investment income according to the U.S. tax code.

Active Income
The regular compensation that an individual receives in the form of salary, wages, tips, commissions, and/or any other source. For example, rents and dividends are not considered active income because an individual does not need to do anything in order to earn them. An individual earns active (and passive) income in order to pay for personal expenses, such as a mortgage, debt service, groceries, etc. Active income is necessary for an economy to function. See also: Passive income, Portfolio income.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
With the proper Dallas Web Design you can make a passive and an active income through affiliate programs, pay per click ads and selling your products and services.
Another argument in favor of dividend exemption is that because most of our trading partners exempt dividends from active income, adopting the same rule helps our competitiveness.
This active income can be offset by the suspended passive losses from the activity; however, it cannot be offset by passive losses from other activities.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.