active income
active income Finance Definition
Income
that is actively earned such as a salary, hourly wages, fees, and commissions.
For tax purposes, the Internal Revenue Service distinguishes between active
income and passive income, such as
income from real estate limited partnerships or other real estate activities
that dont occupy more than 50 percent of a persons time.
Browse dictionary entries near active income
- active immunity
- Active Countermeasures
- Active Attack
- active
- activator
- activated carbon
- activate
- Actium
- actions
- actionable per se
- active market
- active month
- active transport
- ActiveX
- activism
- activity
- Activity Log
- activity series
- activize
- actomyosin
