negative income

American  

noun

1. invested income that has produced a loss and hence may yield a tax deduction.

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Example Sentences

The Fed reiterated in its statement that the net negative income situation it is now operating under does not impair its ability to pursue its monetary policy objectives.

From Reuters • Jan. 13, 2023

But before that, he reported zero or negative income, claiming tens, and sometimes hundreds, of millions of dollars in losses from his businesses.

From Washington Post • Jan. 3, 2023

In both 2015 and 2016, DiMenna's negative income also entitled him to $2,000 in refundable child tax credits, meant to support middle-class families with child care expenses.

From Salon • Nov. 4, 2021

In more modern times, Milton Friedman, darling of laissez-faire economics, embraced the idea of negative income taxes that put cash in the hands of the poorest people.

From New York Times • May 30, 2018

The negative income tax or basic benefit is often presented as a solution to the current unemployment problem.

From Definition & Reality in the General Theory of Political Economy by Colignatus, Thomas