Definition of earned income in English:

earned income

Line breaks: earned in¦come

noun

[mass noun]
  • Money derived from paid work: the basic rate of tax on earned income
    More example sentences
    • 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.

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Word of the day kerf
Pronunciation: kərf
noun
a slit made by cutting with a saw