20:49
THATS SO FUNNY
Simple English definitions for legal terms
Read a random definition: contemn
Current income refers to the money or payment that a person receives periodically from their employment, business, investments, royalties, gifts, and other sources. It is the income that is due within the present accounting period.
Examples of current income include:
These examples illustrate how current income is the money that a person is currently earning or receiving from various sources. It is important to keep track of current income for budgeting and tax purposes.