Phrases with «ordinary income»

Ordinary income refers to the money or earnings that an individual receives from their regular job or business. It is the income generated from typical activities, such as salary, wages, commissions, and fees. In simple terms, it is the regular income that people earn from their everyday jobs. Full definition

income (parent phrase)
ordinary (parent phrase)

ordinary income

Related phrases

ordinary income tax

addition to ordinary income taxes

ordinary income tax rates
one's ordinary income tax rate
ordinary income rates
one's ordinary income rate
one's ordinary income
taxable ordinary income

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)
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Phrases with «ordinary income»

Related phrases

Sentences with «ordinary income»

See also