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earned income
noun
- income from wages, salaries, fees, or the like, accruing from labor or services performed by the earner.
earned income
noun
- income derived from paid employment and comprising mainly wages and salaries
Word History and Origins
Origin of earned income1
Example Sentences
Before 2021, you had to have at least some earned income to get the refundable portion of the child tax credit.
SSI participants cannot make more than $65 in earned income and $20 in unearned income each month, which is the same amount the program allowed when it began nearly 50 years ago.
The credit for qualifying children is fully refundable, which means that taxpayers can benefit even if they don’t have any earned income or don’t owe income taxes.
That’s not to say that increasing the minimum wage and expanding the earned income, child and child-care tax credits shouldn’t be a top priority for a new Democratic president and Congress.
The earned income tax credit program, a subsidy for people who don’t make enough to pay income taxes, could be expanded to make it worth it for more people to file a return.
McConnell similarly talked out of both sides of his mouth on the minimum wage, the Earned Income Tax Credit, and other issues.
And people who qualify for the earned income-tax credit pretty much have to take it in an annual lump sum.
Of course, the Earned Income Tax Credit will get scored by the CBO as costing money, while a higher minimum wage won't.
Today's Earned Income Tax Credit is its successor, and it is available only to those already committed to work.
And in 1975, the year after Nixon resigned, Democrats and Republicans worked together to pass the first Earned Income Tax Credit.
Oh, but surely if we have to call ourselves Wurzel-Flummery it would count as earned income.
Exemptions from earned income tax are similar to those already mentioned in the case of Prussia.
But, speculative income should not be favored over earned income.
He may have put by a bit out of his hard-earned income, but, as I always say to him, he wants that against a rainy day.
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