income deduction
91Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… …
92contribution income statement — The presentation of an income statement or profit and loss account using the marginal costing layout. In such a treatment the fixed costs are not charged to the individual products produced as in absorption costing but are treated as a deduction… …
93gross income — 1) The income of a person or an organization before the deduction of the expenses incurred in earning it. 2) Income that is liable to tax but from which the tax has not been deducted. For many types of income, tax may be deducted at source (see… …
94gross income — In calculating income tax, the income of an individual or business from all sources before the deduction of allowable expenses or mandatory deductions, which then results in net income …
95Above The Line Deduction — Above the line deductions are certain types of deductions that are subtracted from your income before the adjusted gross income is calculated for tax purposes. Above the line deductions include such items as losses on a property sale, alimony… …
96discretionary income — noun income remaining after deduction of taxes, social security charges, and basic living costs. Compare with disposable income …
97disposable income — noun income remaining after deduction of taxes and social security charges, available to be spent or saved as one wishes. Compare with discretionary income …
98contribution income statement — The presentation of an income statement or profit and loss account using the marginal costing layout. In such a treatment the fixed costs are not charged to the individual products produced (as in absorption costing) but are treated as a… …
99net income — 1) The income of a person or organization after the deduction of the appropriate expenses incurred in earning it. 2) Gross income from which tax has been deducted …
100disposable income — /dəsˌpoʊzəbəl ˈɪnkʌm/ (say duhs.pohzuhbuhl inkum) noun that part of a person s income which remains after the deduction of income tax, etc …
