Table of Contents
Imputed Income
Imputed Income means:
the economic benefit a taxpayer obtains through performance of selfprovided services or through the use of self-owned property. In general, imputed income is not subject to income taxes. For example, if a taxpayer who is a plumber repairs a toilet in his own home, such repair service is not subject to tax.
See also other Tax Terms and Definitions in U.S.A.
imputed interest.
U.S. and other Developed Countries International Tax Meaning
The economic benefit a taxpayer obtains through performance of self-provided services or through the use of self-owned property.
See the entries Income Tax and State Income Tax in the American Encyclopedia of Law.