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40 votes
40 votes
1. what is Business income​

User Bach Lien
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2 Answers

13 votes
13 votes

I think Business income is a type of earned income and is classified as ordinary income for tax purposes.

have a nice day:)

User Vikash Kumar
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18 votes
18 votes
Business income is a type of earned income and is classified as ordinary income for tax purposes. ... In its simplest form, it is a business entity's net profit or loss, which is calculated as its revenue from all sources minus the costs of doing business. :)
User Maarten Peels
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