Annual Income

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Annual Income

The money a person makes from labor, investment, or any other source in the course of a year. Receiving income is the goal of all commerce. Annual income is usually taxed by the government, though one's taxable income for a year may differ from his/her actual annual income. See also: Income tax.
References in classic literature ?
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness.
In the kingdom of Great Britain, where all the ostentatious apparatus of monarchy is to be provided for, not above a fifteenth part of the annual income of the nation is appropriated to the class of expenses last mentioned; the other fourteen fifteenths are absorbed in the payment of the interest of debts contracted for carrying on the wars in which that country has been engaged, and in the maintenance of fleets and armies.
Twenty-five hundred dollars of the small Sawyer property had been invested in the business of a friend of their father's, and had returned them a regular annual income of a hundred dollars.
Pott, permanently retired with the faithful bodyguard upon one moiety or half part of the annual income and profits arising from the editorship and sale of the Eatanswill GAZETTE.
A family and an annual income of nothing, to keep 'em on,' said Richard Swiveller after some reflection.
As to your rank, an annual income of 50,000 livres will enable you to support it admirably.
60% of prepaid cellphone users have annual incomes below 35,000, with 27% reporting income over $50,000.
The politicians must understand that people with a 'refugee ID', on annual incomes of 40 or 60 thousand euro, should be receiving nothing from the state, because there are much poorer citizens that now need to be helped by the state.
But Fujii said it may be a different matter if such households as those with annual incomes of 100 million yen or more also qualify for the program.
A majority of compulsive buyers reported annual incomes under $50,000, whereas only 39 percent of the others reported incomes in that category.
Specifically, the proportion obtaining the method in this way was higher among 30-34-year-old users (48%) than among users of other ages in 2001, and higher among those with annual incomes of at least 15,600 [pounds sterling] (44-56%) than among those with lower incomes in both survey years.
Under the general deduction system, tax authorities compute the sum of taxpayers' taxable incomes by deducing a uniform 380,000 yen from their annual incomes.

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