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.

Definition of earned income in:

Get more from Oxford Dictionaries

Subscribe to remove ads and access premium resources

Word of the day retroflex
Pronunciation: ˈretrəˌfleks
adjective
turned backward