> #finance , #income > Is interest income a type of other incomes?
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Mary Goret
Apr 1

Is interest income a type of other incomes?

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Apr 1
Interest income is typically considered a type of investment income rather than "other income." Other income typically refers to sources of income that do not fit into traditional categories such as wages, salaries, or investment income. Interest income is specifically earned from interest payments on investments such as savings accounts, certificates of deposit, or bonds.
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