Definition of income. For the purposes of this Agreement, you agree that "income" includes all income, benefits and gains you receive or may be entitled to, of any kind and from any source. The word "income" also includes anything else the government may decide is included in the meaning of the word "income", from time to time.
Definition of income. For purposes of this agreement, the term "income" has the same meaning prescribed under Internal Revenue Code section 643(b) (or a corresponding provision of any subsequent federal tax law) and the regulations thereunder. Gains from the sale of Fund assets (not otherwise allocated to income under this agreement) and liquidating dividends and distributions shall be allocated to principal, and all such gains, dividends, and distributions shall be permanently set aside for the benefit of the CCS.
Definition of income. The full amount, before any payroll deductions, of wages, salaries, overtime, commissions, fees, tips, and bonuses; net income from the operation of a business or profession or from the rental of real or personal property (without deducting expenditures for business expansion or amortization of capital indebtedness or any allowance for depreciation of capital assets); interest and dividends (including income from assets excluded below); the full amount of periodic payments from social security, annuities, insurance policies, retirement funds, pensions, disability or death benefits and other similar types of periodic payments including any lump sum payment for the delayed start of a periodic payment; payments in lieu of earnings, such as unemployment and disability compensation, workers’ compensation and severance pay; all public assistance income; periodic and determinable allowances such as alimony and child support payments, and regular contributions or gifts received from persons not residing in the dwelling; all regular and special pay and allowances of members of the Armed Forces (whether or not living in the dwelling) who are the head of the family or spouse; and any earned income tax credit to the extent that it exceeds income tax liability; but excluding: DRAFT income from employment of children (including xxxxxx children) under the age of 18 years; payments received for the care of xxxxxx children or xxxxxx adults (usually individuals with disabilities, unrelated to the tenant family, who are unable to live alone); lump sum additions to family assets, such as inheritances, insurance payments (including payments under health and accident insurance and workers’ compensation), capital gains and settlement for personal or property losses; amounts which are specifically for reimbursement of medical expenses; amounts of educational scholarships paid directly to the student or the educational institution, and amounts paid to a veteran for use in meeting the costs of tuition, fees, books and equipment, but in either case only to the extent used for such purposes; special pay to a serviceman head of a family who is away from home and exposed to hostile fire; amounts received under training programs funded by HUD; amounts received under Plan to Attain Self-Sufficiency; amounts for out-of-pocket expenditures incurred in connection with other public assistance programs; resident service stipend (not in excess of $200 per month); amounts from state or local em...
Definition of income. Income is defined as total cash receipts before taxes from all sources, which can include: Wages and salaries; Receipts from self-employment after deductions for normal operating expenses; Regular payments through public assistance, social security, longevity, unemployment, strike benefits, military allotments, disability, rental income, regular support from an absent family member or someone not living in the household (includes child support), government or private pensions, and regular insurance or annuity payments. Income from dividends (permanent fund does not count), interest, rents royalties, or income from estates or trusts; If you rely on savings or checking for income we will total the most recent 12 months’ interest earned to determine annual income.
Definition of income. For purposes of this Subscription Agreement, “individual income” means “adjusted gross income” as reported for Federal income tax purposes, exclusive of any income attributable to a spouse or to property owned by a spouse:
