Business / Taxes / Earned Income: Earned income is pay you receive for work you perform, including salaries, wages, tips, and professional fees. Your earned income is included in your gross income, along with unearned income from interest, dividends, and capital gains. If you have earned income, you're eligible to contribute to an individual retirement account (IRA).
Income Adjective Synonyms: return, revenue(s), receipts, proceeds, profit(s), gain(s), takings
Business / Finance / Investment Income: The revenue from a portfolio of invested assets. MORE
Business / Taxes / Earned Income Credit (EIC): The earned income tax credit (EIC) reduces the income tax of that certain low-income taxpayers would otherwise owe. It’s a refundable credit, so if the tax that’s due is less than the amount of th MORE