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active income

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Financial Dictionary

Active Income

Income for which services have been performed. This includes wages, tips, salaries, commissions, and income from businesses in which there is material participation.

Investopedia Commentary

There are three main categories of income: active income, passive income, and portfolio income. These categories of income are important because losses in passive income generally cannot be offset against active or portfolio income.

See also: Income, Passive Income, Portfolio Income

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