Sentence examples for income from high-quality English sources.

• Typically, consumption among high-income people is smooth over time.

• First, she pays taxes on her private income, such as investment income.

• Unearned income is income from sources other than wages and salary, like dividends and interest.

• The current top marginal income tax rate is 39.6 percent, which for 2016 applies to income earned by single filers over $415,050, and to income over $466,950 by married taxpayers filing jointly.

• Lower income falls below that range; upper income falls above it."

• Interest income from muni bonds is generally not subject to federal income taxes.

• Rental income is taxed at the same rate as other ordinary income, such as wages from a job.

• Unearned income is income from sources other than wages and salary, like dividends and interest.

Use income in a sentence.

• When you rent out real estate, the rental income is considered passive income and is taxed as regular income.

• It covers unemployment income, retirement income, W-2 income, and interest and dividend income.

• Kol is currently on an income-based repayment plan, which means that his loan payments are calculated as a percentage of his discretionary income.

• That was a huge problem, because higher income consumers spend a much smaller share of their income gains than lower-income consumers.

• This version supports W-2 income, interest income, dividend income, retirement distributions, the student loan interest deduction, and the Earned Income Tax Credit.

• This means you're only filing W-2 income, unemployment income, retirement distributions, interest and dividend income, earned income tax credit, and child tax credit.

• The free version supports W-2 income, retirement account distributions, unemployment income, interest and dividend income, the earned income tax credit, and the child tax credit.

• Qualified IRA gifts are not subject to percentage of adjusted gross income (AGI) limitations for charitable contributions and are not reportable as income for federal income tax or for Social Security income purposes.

income sentence examples

• People with income beyond W-2 earnings typically pay a premium to file their taxes, but this service levies no upcharge for reporting self-employment income, business income, estate or trust income, or foreign earned income.

• Goldstein said any expat who didn't qualify for the first stimulus payment because their income was too high should consider claiming the Foreign Earned Income Exclusion on their 2020 taxes to lower their adjusted gross income (AGI) and meet the income limits.

• The states that do tax income have either a flat income tax — meaning everyone, regardless of how much they earn, pays the same percentage of their income to the government — or a progressive income tax, which means their tax rate is determined by how much they earn.

• It's also important to note that there is an additional 3.8% surcharge that applies to the "net investment income"of certain high-income individuals — things like interest income or income from a business in which you don't actively participate (more on this later) — meaning the top rate on these forms of income can reach a high of 40.8%.