Imputed income

Imputed income,

Definition of Imputed income:

  1. Benefit received by an entity from the (1) use of its own assets or property, (2) performance of its own services, and/or (3) consumption of its self-produced goods and services.

Meaning of Imputed income & Imputed income Definition

Imputed Income,

What Does Imputed Income Mean?

  • Financial benefits received by a taxpayer through the provision of services they provide or through the use of their property.

Literal Meanings of Imputed Income

Imputed:

Meanings of Imputed:
  1. (Value) The given value of an auxiliary product or process given to something.

Income:

Meanings of Income:
  1. Money received regularly for work or investment.

Sentences of Income
  1. Have a good house and a decent income

Synonyms of Income

earnings, emolument, remuneration, salary, wages, pay, stipend