Passive income is earned with little to no effort whereas residual income is passive income with different meanings depending on the context.

Learn about the differences between adjusted gross income (AGI) and net income, two terms that are sometimes synonymous but can be used differently.

Comprehensive income includes regular income and other comprehensive income, which usually consists of unrealized gains or losses.

Gross income is all sources of taxable income, but you're not taxed on all of it. You can take certain deductions to arrive at your taxable income, which determines your tax rate or bracket.

Operating income and net income both show the income earned by a company, but they are two very different ways of expressing a company's earnings.

The difference between earned income and gross income is an important one come tax time. Find out how the IRS uses both to determine your final tax liability.

State and federal income tax rules can vary in terms of tax rates, allowable deductions, and the types of income that are subject to tax.

Discretionary income and disposable income help measure consumer spending. Discretionary income calculations are key factors in student loan repayment plans.

Read our detailed history and learn why the old dream of a universal basic income is back on the minds of the public, politicians, and others.

Gross income represents the total income from all sources, including returns, discounts, and allowances, before deducting any expenses or taxes.