INCOME

 Income is the money or value received in exchange for labor, services, or investment returns. It can come from various sources, including:


1. **Earned Income**: Money you receive from working—either through a job, freelance work, or running a business. This includes:


   * Salaries and wages

   * Commissions or bonuses

   * Tips


2. **Investment Income**: Earnings from investments, such as stocks, bonds, or real estate. This includes:


   * Dividends (from stocks)

   * Interest (from savings or bonds)

   * Rental income (from property)


3. **Passive Income**: Income earned with minimal ongoing effort. Examples include:


   * Royalties from books or music

   * Income from rental properties

   * Income from online businesses or affiliate marketing


4. **Unearned Income**: Money received from sources other than work, such as:


   * Social security benefits

   * Pensions

   * Gifts or inheritance


Income is generally taxed, and how much you pay in taxes depends on the type and amount of income you earn. 


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