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Showing results for ordinary income. Search instead for primary income.

ordinary income

American  

noun

  1. taxable income, as salary and wages, other than capital gains.


Example Sentences

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See Examples For:

At that point, the accounts are treated like an individual retirement account, and withdrawals are taxed as ordinary income.

From MarketWatch Jun. 11, 2026

Your traditional IRAs would likely be taxable as ordinary income if/when inherited by your heirs, so taxable investments can be more tax-efficient from a legacy perspective than preserving IRA assets.

From MarketWatch Jun. 1, 2026

With a traditional IRA, funds tapped before age 59 ½ are assessed a 10% penalty and subject to ordinary income taxes.

From Barron's May 28, 2026

Withdrawals will be taxed at ordinary income rates.

From Barron's May 28, 2026

Expenditure had of course greatly increased, and now touched the limit of Harvey's ordinary income; but this was a matter which did not immediately concern Mrs. Rolfe.

From The Whirlpool by Gissing, George

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