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
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