Earned Income

Tax Glossary Definition

Earned Income

Earned income is the income an individual receives as a result of active work or effort. It is compensation for providing labor or services, either as an employee or through self-employment.

Unlike passive income (e.g., interest, dividends, or rental income), earned income comes from direct participation in work.

 Examples of Earned Income

Source Description
Salary/Wages Compensation received from an employer for services rendered
Bonuses & Commissions Additional performance-based earnings
Self-Employment Income Profits from business or professional services (if actively earned)
Tips or Allowances Additional payments received for work performed

India's Most Trusted
Pro Tax Filer

Discover why we're one of India's most trusted Pro Tax Filers, built on a foundation of accuracy and reliability.

  • We ensure maximum tax benefits.

  • Taxes? Handled by our CAs and experts.

  • Reliable, year-round tax support at no cost.

  • Satisfaction or your money back came twice.

Start Filing

Scan the QR code to Download the app

Mobile App Available on:

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App

Have Questions? Let’s Talk!

Chat With Us

Scan to chat

Scan QR Code

OR
Start Chat
Mobile Apps Available On
This feature is available on our mobile app. Get the app now to access this feature!

DOWNLOAD For IPHONE

TaxFilr App

DOWNLOAD For Android

TaxFilr App