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J asked in Social ScienceEconomics · 6 months ago

If someone has a salary but also a separate way of making money, would they have a salary and a profit or salary and a revenue?

Lady is a nurse, her disposable income is 3500, she also sells stuff on the side and earns 100 a month. What would I list the selling on the side as

2 Answers

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  • Oiy
    Lv 7
    6 months ago

    Her disposable income has included wage,salary,rent,dividends and interest income after taxes already. The sidelines are not relevant.

  • 6 months ago

    If she's operating a side business, she needs to put the profit (the net), on her personal taxes. I hope she has been keeping business records, and is filing taxes for her business as well.

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