Income you have to claim on your tax return which is taxable but you actually never received cash for.
Congratulations on your new company car but if you use it for personal purposes, you have to worry about phantom income.
by giantfan1 October 11, 2012
Get the Phantom incomemug. Income that requires minimal effort to maintain, allowing you to earn money while you focus on other activities, like sleeping or hanging out with friends. Often associated with investments, online content, or businesses that generate revenue without constant involvement.
My Youtube upload for the MP3-CD titled 'I Was Too Young To Watch Threadpool' hit 433 views within its first 18 hours? It feels like "passive income", where the number of views continuously increases whilst I sleep, go to college, do college assignments, hang out with friends, travel, etc. etc
by Emotional Cruiser November 4, 2025
Get the passive incomemug. Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.
Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.
by Sudor5183 November 16, 2023
Get the Nice projection lmao. When I run out of vbucks I always load back up with the $90 option because thats about as much as it costs to refill my Corvette. It's no big deal to me because I have steady income.mug. In-com Tax-ee
adjective
1. A person who drastically changes their typical behavior to that of a higher class or status during the first months of the year as a result of receiving a refund on their income taxes.
2. A person who shows off material possessions or a falsely inflated lifestyle either in the streets or on social media as a direct result of receiving income tax refunds.
3. A guy/girl who shows affection during the first few months of the year in hopes of getting a piece of your income tax refund check.
adjective
1. A person who drastically changes their typical behavior to that of a higher class or status during the first months of the year as a result of receiving a refund on their income taxes.
2. A person who shows off material possessions or a falsely inflated lifestyle either in the streets or on social media as a direct result of receiving income tax refunds.
3. A guy/girl who shows affection during the first few months of the year in hopes of getting a piece of your income tax refund check.
Lisa told me to put a grocery bag over my feet before entering her "new" car, she's been acting real Income Taxy lately.
James broke up with me and is seeing other women now that he has that new gold chain, Keshia told me he would get income taxey on me.
James broke up with me and is seeing other women now that he has that new gold chain, Keshia told me he would get income taxey on me.
by TheShadeRoomInc April 22, 2017
Get the Income Taxymug. Someone whose their spending habits and wealth expression do not align to their status assigned at birth.
Carinio: You can't afford 2 weeks on a yaught in Turkey?
Mariemme: Watch me!
Mariemme: Oh shiz, my card bounced. Ugh global capitalism just does not accept me for who I am. Why should not having any money stop me from living the way I feel! It is so hard being income non-binary!
Mariemme: Watch me!
Mariemme: Oh shiz, my card bounced. Ugh global capitalism just does not accept me for who I am. Why should not having any money stop me from living the way I feel! It is so hard being income non-binary!
by Curious Beast September 7, 2023
Get the Income non-binarymug. A false wedding ring worn when the real one is too flashy. The income ring is used to hide how wealthy you are.
by Surf_much_rob May 4, 2019
Get the income ringmug. An act of financial irresponsibility that occurs when one spends their income tax return on extravagant tattoos instead of putting it towards their needs.
by mwd0503 November 17, 2023
Get the Income Tatsmug.