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It depends who is asking. If it is the Inland Revenue or any governmental benefits agency then they will class is as income.
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Can you deduct BAH on taxes?
If by BAH you mean Basic Allowance for Housing. The answer is no. This is nontaxable income the military gives you to pay for housing. This money should never even get factored into your adjusted gross income though.
Is commission considered earned income?
Yes.
Can you get the earned income credit for babysitting in 2010?
Yes, babysitting is considered earned income. You must be 25 or older
What is considered affordable housing?
Technically, "affordable housing" is considered affordable to those with a median income level. Usually, though, the term refers to rental housing aimed at the lower income range of an area.
What is realized income?
Realized income is essentially the income that you know that you have earned or received. This income is considered taxable.
What types of income are considered when determining eligibility for senior low income housing?
Types of income considered for determining eligibility for senior low-income housing typically include Social Security benefits, pensions, retirement savings, alimony, and income from part-time or full-time employment. Other sources of income, such as rental income or investments, may also be considered. Each housing program may have specific income limits and guidelines for eligibility.
What are examples of earned income?
Earned income can include wages, tips, salaries, net earnings from self employment. Basically earned income is the money you make from working for someone else or from you working in the business you own. It is considered earned income if you worked for it.
What is figured in as income for low income housing?
How much can a person in Kansas make and still be considered low income.
Are retirement benefits earned or unearned income?
Retirement benefits, such as pension or Social Security payments, are generally considered earned income because they are often a result of a person's work experience and contributions throughout their career.
What are some examples of earned income?
Earned income can include wages, tips, salaries, net earnings from self employment. Basically earned income is the money you make from working for someone else or from you working in the business you own. It is considered earned income if you worked for it.
What has the author John E Mulford written?
John E. Mulford has written: 'Income elasticity of housing demand' -- subject(s): Case studies, Elasticity (Economics), Housing, Income, Mathematical models 'How allowance recipients adjust housing consumption' -- subject(s): Dwellings, Housing subsidies, Maintenance and repair
What is affordable housing?
Affordable housing usually refers to living quarters with housing costs that are considered "affordable" to those in the median income range. Ir is most commonly used to describe rental housing that is within the financial means of lower income individuals or families. Generally, affordable housing is considered to be at or under 30% of a household's gross income.
