ALL of the other sources of worldwide income that you may be receiving or could be receiving that is NOT for your DISABILITY.
If you are receiving social security disability insurance payments for your disability then you are receiving A TYPE OF DISABILITY INCOME.
Or some other company paid or privately paid premiums of DISABILITY INSURANCE PAYMENTS that you could be receiving for your disability.
It is possible for some of the amounts of the above types of disability payment could also become taxable income to you on your 1040 federal income tax return.
Revenue is income that is basically income such as, income, income and more income. Do You Understand ?!
National income- total income of the country Per capita income- average income of the country
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
the income is income
Income tax IS based on your income that is why it is called INCOME tax.
Gross income is the raw income earned while net income is after deductions of interest taxes while taxable income is that income on which tax is calculated.
Income which is generated by normal business basic operating activities is called net operating income while other income then operating income is called non operating income like interest income or dividend income etc.
Income earned from shares is called dividend income and shown in income statement as "Other income".
Income from operation is only the income from basic business activity of buisness while net income is the overall income from basic operations as well as income from other activities.
Gross income in normally higher then net income unless there is other income then normal business operations then net income may be higher then gross income.
net income is gross income less expenses
Personal Income = Disposable Income + Personal Savings