Other income

Income from activities that are not undertaken in the ordinary course of a firm's business.

Other Income

Income for a company that comes from anything other than its ordinary operations. Other income includes items such as interest from the company's bank accounts, profit from the sale of a fixed asset, and so forth. Other income is not recurring and, as a result, is not included in some calculations of profit or loss.

References in periodicals archive ?

Notice 2003-55 lease strips and other strip transactions: One party claims to realize rental or other income from property, while another party claims the deductions related to that income (e.

Reportable transactions - what tax advisers need to know

Unlike other income measures, the MBM dramatically exposes the problems of living decently in some of our most affluent areas.

Measuring the market basket. (Comments)

Ideally, you'll wind up the year with a $3,000 net capital loss because that amount can be fully deducted your other income.

Capital gains without tax pain

Review transactions of a large and significant nature, including the renting and leasing of buildings, sales of stock, sales of assets and extraordinary, infrequent and irregular items of other income.