Examlex
What should you include and what should you not include in the identification section of a résumé?
Schedule C
A tax form used by sole proprietors to report profit or loss from a business, detailing income, expenses, and net profit.
Royalty Income
Income received from the use of one's property or intellectual property (like patents, copyrights, literary works) by others, often as a percentage of revenues.
Deduct Expenses
The process of subtracting eligible costs from gross income, reducing the overall taxable income and, consequently, the amount of tax owed.
Rental Income
Income received from leasing real estate or other property to tenants.
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