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Earned Income
What does it mean?
Income derived from active participation in a trade or business, including wages, salary, tips, commissions, and bonuses.
In Other Words...
This is the opposite of unearned income.
Related Links
AECF.org - A site advocating further tax credits for low-income families.
Income Distribution - A paper by Ruben Cohen on the dynamics of wages, incomes and earnings.
Related Terms
Unearned income
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