imputed income

Definition of "imputed income"
  1. Income that's determined based on the value of certain non-cash or intangible resources
How to use "imputed income" in a sentence
  1. In the divorce case, the judge took the imputed income from the husband's rental properties into account while deciding on alimony.
  2. The accountant explained that the free housing provided by the company would be treated as imputed income and be subject to taxes.
  3. The financial advisor cautioned that not considering imputed income in financial planning could lead to an inaccurate projection of overall income.

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