Earned income
Term · Law · MLC-T-LAW-005339
Income derived from labor, services performed, or active participation in a trade or business. This includes wages, salaries, tips, and net earnings from self-employment. It is distinct from unearned income, such as interest, dividends, or rental income, and is a key factor in determining eligibility for certain tax credits.
| Identifier | MLC-T-LAW-005339 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-005339",
"term": "Earned income",
"field": "Law",
"definition": "Income derived from labor, services performed, or active participation in a trade or business. This includes wages, salaries, tips, and net earnings from self-employment. It is distinct from unearned income, such as interest, dividends, or rental income, and is a key factor in determining eligibility for certain tax credits.",
"url": "https://mlchart.com/terminology/law/earned-income/"
}
Record 1,678 of 5,445 in Law terminology (MLC-0107). Request the full dataset.