ordinary income

American  

noun

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

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Example Sentences

Withdrawals are taxed as ordinary income and are required after age 73 currently — moving, eventually, to 75.

From MarketWatch • Mar. 27, 2026

But they are more valuable as offsets to short-term gains because short-term gains are taxed at the same rates as ordinary income as high as 37%.

From Barron's • Mar. 21, 2026

Some get treated as ordinary income, while others are taxed at the capital-gains rate, among myriad other issues when it comes to paying the tax bill on your investments.

From The Wall Street Journal • Mar. 8, 2026

Paying for your renovation from taxable investment accounts, which trigger long-term capital gains rather than ordinary income, would not push you into a higher tax bracket.

From MarketWatch • Feb. 1, 2026

In 1921 the receipts from this source were $308,025,102; and in many earlier years they were nearly half of the entire ordinary income of the national government.

From Government in the United States National, State and Local by Garner, James Wilford