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negative income
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noun
invested income that has produced a loss and hence may yield a tax deduction.
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Words nearby negative income
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use negative income in a sentence
Soon-Shiong reported negative income for six straight years from 2013 through 2018.
When You’re a Billionaire, Your Hobbies Can Slash Your Tax Bill|by Paul Kiel, Jesse Eisinger and Jeff Ernsthausen|December 8, 2021|ProPublicaThe IRS publishes all sorts of reports analyzing the traits of taxpayers at different income levels, but its analysis typically starts with people who report $0 or more in income, thus excluding anyone who reported negative income.
These Real Estate and Oil Tycoons Avoided Paying Taxes for Years|by Jeff Ernsthausen, Paul Kiel and Jesse Eisinger|December 7, 2021|ProPublicaA number of the billionaires who received stimulus checks were able to report negative incomes to the IRS despite getting richer.
These Billionaires Received Taxpayer-Funded Stimulus Checks During the Pandemic|by Paul Kiel, Jesse Eisinger and Jeff Ernsthausen|November 3, 2021|ProPublica