What is the synonym for imputed?
Some common synonyms of impute are ascribe, assign, attribute, and credit. While all these words mean “to lay something to the account of a person or thing,” impute suggests ascribing something that brings discredit by way of accusation or blame.
What is example of psychic income?
Power, prestige, recognition, and fame are all forms of psychic income. intangible benefits above and beyond the utilitarian value derived from a purchase. The greater the psychic income expected, the more a consumer is willing to spend on a purchase.
What’s the word imputed mean?
impute • \im-PYOOT\ • verb. 1 : to lay the responsibility or blame for often falsely or unjustly 2 : to credit to a person or a cause.
How do you use the word imputed?
How to use Imputed in a sentence
- By His virgin birth, He was not imputed with the sin which the rest of us were imputed.
- Because of that original sin by Adam we are all imputed with the guilt of sin, the wages of which is death.
- Independent personality is never imputed to it.
What is the opposite of impute?
Antonyms. fail reject disapprove pass approve criticize linger.
What is the other term of psychic income?
1 : imputed income. 2 : rewards (as in prestige, leisure, or pleasant surroundings) not measurable in terms of money or goods but serving as an incentive to work in certain occupations or situations a creative artist can reap a psychic income that money cannot match.
What is an example of real income?
Examples of Real Income To further understand real income, here are some examples: Given an income of $50,000 and zero inflation this year, the $50,000 earned and its purchasing power will be the same and will not change.
What does imputed mean in accounting?
An imputed cost is an invisible cost that is not incurred directly, as opposed to an explicit cost, which is incurred directly. Imputed costs do not appear on financial statements. Imputed costs are also known as “implicit costs,” “implied costs,” or “opportunity costs.”
What does impute mean in business?
to say that someone is responsible for something that has happened, especially something bad, or that something is the cause of something else: For purposes of the company’s violations, the conduct of its officials and employees may be imputed to the firm.
What are suitable words?
advisable, applicable, apt, convenient, correct, fitting, good, handy, proper, reasonable, relevant, satisfactory, sufficient, suited, useful, apposite, becoming, befitting, commodious, condign.
What is doggerel used for?
doggerel, a low, or trivial, form of verse, loosely constructed and often irregular, but effective because of its simple mnemonic rhyme and loping metre. It appears in most literatures and societies as a useful form for comedy and satire.
What is money income and psychic income?
Money income is mainly based on the earning capacity of the members, but the real and psychic income depends on the skill that is exercised in management of everyday living.
What is direct income with example?
Direct income is one that is received directly from business operations. You probably have a manager, staff, and suppliers if you own a coffee shop. Direct income is the profit you make directly from the selling of coffee, snacks, and other drinks in such a shop.
What is the example of family income?
Sources of household income include wages, salaries, investment returns, retirement accounts, and welfare payments.
What is a imputed cost example?
For example, if an individual decided to go to graduate school instead of working at a job, the imputed cost would be the salary they gave up during the time they are at school.
What is the other name of imputed cost?
An imputed cost, also known as an implicit cost, notional cost, or implied cost, opportunity cost and implied cost. This refers to the cost incurred when an asset that can be invested is used or is serving another purpose.
What is imputed cost with example?
Imputed cost is the cost incurred during the period when an asset is employed for a particular use, rather than redirecting the asset to a different use. This amount is the incremental difference between the two options. For example, a teacher decides to go back to school to earn a master’s degree.
What is meant by imputed value in economics?
Definition of imputed value : the value of a thing determined from its utility rather than by adding the cost of its constituent elements.
What does imputed income stand for?
What Is Imputed Income? The definition of imputed income is benefits employees receive that aren’t part of their salary or wages (like access to a company car or a gym membership) but still get taxed as part of their income. The employee may not have to pay for those benefits, but they are responsible for paying the tax on the value of them.
How is imputed income calculated?
Calculate the monthly imputed income by dividing the amount of excess coverage by $1,000 and multiplying that by the cost from the IRS premium table. For example: $50,000 / $1,000 = 50 50 * $ 0.15 = $7.50 per month. Calculate the total imputed income for an employee by multiplying the monthly cost by the number of full months of coverage
Does imputed income affect taxes?
This calculated fringe benefit is known as imputed income. This fringe benefit will increase your taxable income. Therefore, your federal, State, Social Security and Medicare taxes may increase and your net pay will decrease. You are not paying taxes on the same monies twice.
Where is imputed income being calculated?
– Treat the premium payments as employee paid and include in W-2 income (taxable premiums but non-taxable benefits); – Treat the premium payments as employer paid with no W-2 income (non-taxable premiums but benefits are taxable); or, – Give employees the choice between options 1 and 2.