complete the table below. Enummerate the sources of family income that you know. Write your answer on a separate sheet of paper.
Regular Income
1.
2.
3.
4.
5.
Irregular Income
1.
2.
3.
4.
5.
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complete the table below. Enummerate the sources of family income that you know. Write your answer on a separate sheet of paper.
Regular Income
1.
2.
3.
4.
5.
Irregular Income
1.
2.
3.
4.
5.
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What Is Regular Income?
Regular income is any type of income earned by an organization or an individual that is taxable at ordinary rates. It includes (but is not limited to) wages, salaries, tips, bonuses, commissions, rents, royalties, short-term capital gains, unqualified dividends, and interest income.
Regular income is any type of income that’s taxable at ordinary rates.
Examples of regular income include:
What is an irregular income?
Living on an irregular income means that your monthly income is unpredictable and can fluctuate. There’s no steady paycheck or predictable income you can plan around.
Examples of irregular income include: