Super Finance Glossary
Over 10,000 financial glossary terms...
Income Baskets
Income Baskets
Definition: Category to which certain income is allocated. Losses in one basket may not be used to offset gains in another basket. Specified in U.S. tax code.
Definition: Category to which certain income is allocated. Losses in one basket may not be used to offset gains in another basket. Specified in U.S. tax code.