Definitions for "taxable income"
The amount of income subject to income taxes; found by subtracting the appropriate...
Income which you are taxed on by the Inland Revenue. The term is often used to refer to your total taxable income, which is the aggregate of all your income less deductions and reliefs, and then minus your personal allowances.
The amount of income used to compute tax liability. It is calculated by starting with adjusted gross income, subtracting itemized deductions or the standard deduction and then subtracting the amount allowed for personal exemptions.
Keywords:  audit, base
tax audit tax base
Keywords:  everything, earn, you
Everything you earn that can be taxed.