Difference between revisions of "Earned Income"
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Revision as of 20:35, 17 April 2006
Earned Income is defined as payments received for services or privileges, and does not include Contributed Income (gifts/grants) loans, other repayable assets, or investor proceeds.
(Variations in the way income is classified for a particular RHIO may depend on legal and accountancy advice, local and state statutes and regulations, form of incorporation and IRS determination. In general, information in this section relate to RHIOs organized under section 501(c)3.)
--Michael 15:35, 17 April 2006 (CDT)