Business Income

What is 'Business Income'

Business income is any income that is realized as a result of business activity. Business income is a type of earned income, and is classified as ordinary income for tax purposes.

BREAKING DOWN 'Business Income'

Business income can be offset with business expenses and business losses. It can be either positive or negative in a given year.

RELATED TERMS
  1. Ordinary Income

    Income received that is taxed at the highest rates, or ordinary ...
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