Definition of earned income in English:
Money derived from paid work. Often contrasted with unearned income.
- Most wealthy Americans make the majority of their money off of capital gains, not earned income.
- Reducing your expenses is a more efficient way to save than trying to earn more money, because earned income is subject to federal and state taxes.
- If your child has earned income, filing a tax return will create room for Registered Retirement Savings Plan contribution.
Definition of earned income in:
- British & World English dictionary
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Canada
Most popular in Australia
Most popular in Malaysia
Most popular in Pakistan