Examlex
The tone of phrasing used in a report's introduction section
Self-Employment Income
Income generated from business or trade activities where there is no employer-employee relationship, requiring the payer to file taxes independently.
Ordinary Income
Income earned from providing services, including wages, salaries, tips, and commissions, as well as income from investments that are not considered capital gains.
Nondeductible Items
Expenses or items that cannot be subtracted from gross income to reduce taxable income according to tax laws.
Partnership Interest
An ownership share in a partnership that entitles the holder to a portion of the entity's profits and losses.
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