Total income definition

Total income means the total income, other than income specified under Section 12 of this Act, derived by a person during an accounting period before subtraction of any deductions.
Total income means total income as defined in section 10;
Total income means, in relation to a person, the aggregate amount of his income, other than income exempt from tax under Part III, chargeable to tax under Part II, as ascertained under Part IV;

Examples of Total income in a sentence

  • Total income tax expense of $50 and $7,000 for the years ended December 31, 2014 and 2013, respectively, were allocated to income from continuing operations and is classified as a current provision.

  • Total income is based on the income of the entire household (not just the primary tenant), as further defined under Part Five income definitions.

  • Total Revenue Total income generated by the sale of goods or services from ongoing operations.

  • Total income is simply the sum of crop revenue, any government payments tied to the land received by the tenant and any other income generated from the land that is received by the tenant.

  • Pager billing 32033.12 372723.66 33573.00 (1539.78) 4.6- Pager service - extended 261.00 7446.90 1535.00 (1274.00) 33.0- Warranty .00 .00 (25.00) 25.00 100.0 -------- --------- -------- -------- Total income - Pager dept.


More Definitions of Total income

Total income means the total compensation received during the taxable year for services rendered. The term includes salaries, wages, bonuses, and any other type of compensation paid during the taxable year to a race team member for services rendered in that year. The term does not include strike benefits, severance pay, termination pay, contract or option year buy-out payments, expansion or relocation payments, or any other payments not related to services rendered to the race team.
Total income means Total Revenue = Net Sales + Other operating Revenues + Other Income as mentioned and described in the Books of Accounts of the Company.
Total income means Ohio adjusted gross income of the owner and the owner's spouse for the year preceding the year in which application for a reduction in taxes is made, as determined under division (A) of section 5747.01 of the Revised Code.
Total income means countable income.
Total income means the aggregate amount of the income of any person from the sources specified in Part II of this Act, remaining after allowing the exemption under Part III and the deductions under Part IV, and computed in accordance with the provisions of Part V:
Total income means income as defined by the Pennsylvania Department of Revenue for reporting for the Property Tax/Rent Rebate program. “Property Tax Paid” shall be the property taxes paid to the School District during the 2017/2018 School District Fiscal Year. Property taxes must have been paid prior to December 31, 2017 to qualify for Property Tax Rebate.
Total income means the adjusted gross income of the owner and the owner's spouse for the year preceding the year in which application for a reduced rate loan under a property tax payment linked deposit program is made, as determined under the "Internal Revenue Code of 1986," 100 Stat. 2085, 26 U.S.C.A. 1, as amended, adjusted as follows: