taxable income Definition

taxable income

Definition

The amount of income subject to income taxes; found by subtracting the appropriate deductions (IRA contributions, alimony payments, unreimbursed business expenses, some capital losses, etc.) from adjusted gross income.

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taxable income is ...
... part of the Taxes subject.

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taxable income appears in these other terms

unrelated business taxable income

taxable income appears in the definitions of these other terms on BusinessDictionary.com

unitary tax system (UTS), tax deductible interest, last in, first out (LIFO), marginal relief, accountable plan, and

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