Question

1. what is Business income​

Answer 1

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

have a nice day:)

Answer 2

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. :)