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Income you have to claim on your tax return which is taxable but you actually never received cash for.
Congratulations on your new company car but if you use it for personal purposes, you have to worry about phantom income.
How people look spending their income tax on things they usually can't afford.
Girl, you see Shameka over there looking real income taxi with her new phone, hair, and nails!
In-com Tax-ee
adjective
1. A person who drastically changes their typical behavior to that of a higher class or status during the first months of the year as a result of receiving a refund on their income taxes.
2. A person who shows off material possessions or a falsely inflated lifestyle either in the streets or on social media as a direct result of receiving income tax refunds.
3. A guy/girl who shows affection during the first few months of the year in hopes of getting a piece of your income tax refund check.
Lisa told me to put a grocery bag over my feet before entering her "new" car, she's been acting real Income Taxy lately.
James broke up with me and is seeing other women now that he has that new gold chain, Keshia told me he would get income taxey on me.
To make a process happen more quickly
I’m not sure about how it is used but am doing my best to find out , here I made my own example :
Income of expedite you bargain
A false wedding ring worn when the real one is too flashy. The income ring is used to hide how wealthy you are.
Our professor has an income ring. I saw her slip the real one off in her car this morning.
An individual's total personal income, before accounting for taxes or deductions.
My gross monthly income is $1,500.
Wealth & Income Financial Engineer (W.I.F.E.) - The finance department of your average American household. May also be referred to as the finance committee, the accountant, or even hey bitch. Will object to large purchases without prior approval which may result in a change in sleeping arrangements.
So, I am looking at getting a new Samsung smartphone, but it's over $1000! I don't think the Wealth & Income Financial Engineer (W.I.F.E.) will sign off on that.