International Trade Meaning and Definition of Passive Income
Meaning of Passive Income
In the U.S. tax code, income (such as investment income) that does not come from active participation in a business.
Related Entries of Passive Income in the Encyclopedia of Law Project
Browse or run a search for Passive Income in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Passive Income in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Passive Income in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Passive Income in the Legal Abbreviations and Acronyms Dictionary.
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You might be interested in these references tools:
| Resource | Description |
|---|---|
| Passive Income in the Dictionary | Passive Income in our legal dictionaries |
| Related topics | Browse topics from the World Wiki Encyclopedia of Law |
| Browse the Legal Thesaurus | Find synonyms and related words of Passive Income |
| Legal Maxims | Maxims are established principles that jurists use as interpretive tools, invoked more frequently in international law |
| Legal Answers (Q&A) | A community-driven knowledge creation process, of enduring value to a broad audience |
| Related topics | Passive Income in the World Encyclopedia of Law |
What is Passive Income?
Vocabularies (Semantic Web Information)
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| Sitemap Index | Sitemap Index, including Taxonomies |
| https://legaldictionary.lawin.org/passive-income | The URI of Passive Income (more about URIs) |
Passive Income Definition (in the Accounting Vocabulary)
The New York State Society of Certified Public Accountants offers the following definition of Passive Income in a way that is easy for anybody to understand: Includes income derived from such sources as dividends, interest, royalties, rents, amounts received from personal service contracts, and income received as a beneficiary of an estate or trust.
United States Tax Concept of Passive Income
Income from a passive activity. You can offset a passive loss against your passive income. You cannot offset a passive loss against ordinary income.
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