Browse Investopedia's expert-written library to learn more about how U.S. law categorizes different types of income.

Parents with son discussing finances with advisor
Income Tax vs. Capital Gains Tax🌊: What’s the Difference?
An adult couple sit together on a sofa using a laptop to review the interest and dividends earned on their retirement accounts.
What Is Unearned Income and How Is It Taxed?
Adjusted gross income AGI.
Net Income vs. Adjusted Gross Income (AGI): What's the Difference?
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Federal Withholding Tax vs. State Withholding Tax: What's the Difference?
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What Is Adjusted Gross Income (AGI)?
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Annualized Inc🎃ome: Definition, Formula, and Example
Modified Adjusted Gross Income (MAGI)
Modified Adjusted Gross Income (MAGI): Calcul♚atin🍸g and Using It
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Capita🀅l Cost Allowance (CCA): Definition a🍬nd How Deduction Works
A miniature model house standing on a heap of dollar bills.
Land Value Tax: What It Is and How It Works
Pretax Earnꦫings: Definition, Use, How To Cal💜culate, and Example
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After-Tax Income: Overview and Calculations
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Adjusted Net Income🌠 Definition and How It Is Determined
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Qualified Adoption Expenses (QAꩵE):🧔 What It Is and How It Works
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Annualized Inc🔜ome Installment Method: Definition and Ex🧜ample
Future Income Taxes: What They are, How They Work
7 Mistakes to Avoid When Hiring a Tax Person
Understanding Earned Income and the Earned Income Tax Cred🔯it
Amount Recognized
Amount ꦆRecognized: What It Means, How It Works, Example
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Levy: What It Is and How It's Used
$100 bill and Medicare card
Medicare Wages: Definition, How They're Taxed, Limits, and Rates
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Active Income: Overview, Examplꦡes, vs. Passive Income
Gift Tax: A federal tax applied to gifts of money or property over a certain sum.
Gift Tax: What It Is and How It Works
Federal Tax Regulations
Provisional Taxes: What They ꦏAre and How They Work
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What Is EITC Disqualifying Income?
Main Home: What It Is, How It Works, Transfer
Income Basket
Income Basket: What It Means, How It Works
Silent Automatic Lien
Silent Automatic Lien
Senior couple couple walking in front of their home
AGI vs. MAGI: What's the Difference?