Definition of «ordinary income»

Ordinary Income refers to any earnings that are derived from regular sources, such as wages or salaries. It is typically taxed at a higher rate than capital gains because it represents money earned through work and labor rather than investments or other passive income streams.

Phrases with «ordinary income»

ordinary income tax
ordinary income tax rates
ordinary income rates
(see all phrases)

Sentences with «ordinary income»

Of the $ 300,000, $ 50,000 is taxed at ordinary income tax rates and $ 250,000 would be subject to capital gains tax rates. (entrepreneur.com)
And right now, the rates are currently the same as ordinary income taxes! (fortune.com)
This is taxed at ordinary income tax rates, and the balance of the gain is taxed at capital gain rates. (entrepreneur.com)
(see all sentences)

Definition of «ordinary income»

Phrases with «ordinary income»

Sentences with «ordinary income»

See also