In-kind income
Term · Law · MLC-T-LAW-002642
Non-cash benefits or services received that have a monetary value and are treated as income for tax or eligibility purposes. This can include housing, food, transportation, or other goods provided by an employer or government program. The fair market value of in-kind income is often subject to taxation.
| Identifier | MLC-T-LAW-002642 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-002642",
"term": "In-kind income",
"field": "Law",
"definition": "Non-cash benefits or services received that have a monetary value and are treated as income for tax or eligibility purposes. This can include housing, food, transportation, or other goods provided by an employer or government program. The fair market value of in-kind income is often subject to taxation.",
"url": "https://mlchart.com/terminology/law/in-kind-income/"
}
Record 2,570 of 5,445 in Law terminology (MLC-0107). Request the full dataset.