Types of Income | Ordinary vs Passive vs Capital Gains

[@ferlynnovilla6321]

Thank you so much Sir ❤️ Very informative 💯

[@SirATheCPAProf]

Thank you Ferlyn!

[@sunshineponpon7805]

I now understand the various forms of income and the taxes applicable to them. Starting with Regular or Ordinary Income, which includes business income, compensation income, and income from the practice of a profession. On the other hand, dividend income, interest income, royalties, and prize money are all considered Passive Income and are subject to the Final Withholding Tax (FWT). Last but not least, the sale of real estate located here in the Philippines is an example of a capital gain that will be subject to Capital Gains Tax (CGT). Thank you, Sir A, for making this video lecture for us to understand this particular topic.

[@joyciepalattao179]

This video lecture taught the different types of income and the applicable tax of it, which is ordinary income is subject to graduate rate if its passive income it is subject to final withholding tax and if it's included in capital gains it is subject to capital gains tax. Thank you, Sir A!!

[@ericaflores3084]

Done watching. Thank you for this very informative video, Sir. Today, I learned the 3 types of income; Ordinary or Regular Income, Passive Income, and Capital Gains. Regular income is subject to Graduated tax rates. Compensation income, Business income, and income of profession are just a few of the examples under Ordinary Income. On the other hand, Passive Income requires minimal effort to maintain. Some examples of this are Interest income and Dividend income. Passive income is subject to Final Withholding Tax. Lastly, Capital Gains are income from the sale of an asset. Capital Gains are subject to Capital Gains Tax.

[@johnmarkgatchalian4004]

Done watching. Very informative video sir nice job 🥰

[@annkheziag.bolima2072]

Done watching po. Thank you po for this informative video lecture, Sir A. 👍

[@dyryllsusano6998]

Upon watching this video lecture, I’ve learned the different types of income and the applicable tax to it. Starting from regular or ordinary income, which consist of compensation income, business income, income from the practice of profession like income of a lawyer, architect, engr. And etc. ordinary or regular income falls in graduated rate. Passive income falls in (FWT) final withholding tax, it consists of dividend income, interest income, royalties and prizes. And lastly, the capital gains types of income that will fall in capital gains tax (CGT) example of this is the sale of real property located here in the Philippines. thankyou sir!

[@jayardumape4303]

Thankyou sir A for discussing the types of income the ordinary, passive and capital gains. Thankyou sir for discussing the topic properly and understandable.

[@angelineguimba8675]

Done watching Sir! Thank you for this video lecture. I have learned that the various forms of income and the taxes applicable to them. I also learned the different types of income, ordinary, passive and capital gains. Ordinary income are income not subject to Final WithHolding Tax. Passive income are subject to Final WithHolding Tax. Last in Capital Gains which is subject to Capital Gains Tax. I gain knowledge from this Sir!

[@janaviray6509]

Done watching sir, thank you for this wonderful topic po. I have learned a lot. God bless po.🙏

[@nadineairadelmita5102]

Done watching sir, last time ko pa po 'to napanuod pati other vid lectures. Thank you so much po.

[@steffisu_]

I gained knowledge about the several types of income from this video (ordinary, passive, and capital gains). I was also able to comprehend the different types of income and the taxes that apply to them. In addition to wages and salaries, there are other sources of income such short-term capital gains, rent, dividends, and interest. I learn a lot from this video that I can put to use right now.

[@marjuriebarsolo8319]

Thank you for this sir A, this vid taught me a lot. Here are some of my key takeaways: Any form of income earned by a company or an individual that is subject to ordinary rates of taxation is referred to as ordinary income. Earnings from a rental property, a limited partnership, or another business in which a person is not actively engaged are considered passive income. Profits from the sale of a capital asset, such as stock, a company, a piece of land, or an artwork, are known as capital gains. Although they are often taxed at a reduced rate, capital gains are typically included in taxable income.

[@alvinalmanzor1798]

Done watching po Sir, Ang ganda Po nag pag kakapaliwanag.

[@khatesilvestre8855]

This video lecture is indeed hard to take in because there are many of information and little details that I need to remember. I now know and understand the Types of Income which are: Ordinary or Regular Income, Passive Income, and Capital Gains - and their sub-categories; and the Applicable Income Tax for them. This topic is challenging, but sir A made learning a lot easier. Thank you so much, sir A!

[@ianatillano3311]

Sir A, done watching na po

[@richardencila6578]

Done watching sir, I appreciate the enlightening discussion. According to the discussion, different types of income are subject to varying tax rates. For ordinary or regular income, we will use a graduated tax rate, while for passive income, we will use a final withholding tax. Last but not least, capital gains are subject to capital gains tax.

[@dmncbrnl]

Done watching sir. Thank you for this lecture.

[@yelagaming5010]

Done Watching! Throughout this video I have learned about the Types of Income (ordinary, passive, and capital gains). I also able to understand the forms of income and the taxes applicable to them. In addition to wages and the salaries, short term capital gains, rents, dividends, interest income and such. In this video I gain a lot of knowledge that can I apply in the mere future Thank you sir A!!

[@aprilvillegas4290]

Hello, Sir. Thank you for this! Malinaw pong nai-explain.

[@efpi100]

Thank you for this very informative video, Sir! I have learned a lot about the different classifications of income, such as ordinary income, passive income, and capital gains, and my mind was refreshed considering what I had learned in prior years.

[@darrenguieb3840]

Done watching the types of income sir! thank you for this!

[@lorainebernal4855]

Already watched the lecture before sir. Thank you so much po!

[@rosebelldomingo7522]

Thanks for sharing this lecture sir .. I learned about this topic is Ordinary income tends to include items such as wages, tips and interest income. Capital gains arise when you sell a capital asset such as a stock, home, apartment or condo for more than its purchase price, or taxable basis.

[@leamatimtim5281]

Done watching Sir A, thank you po for this video lecture it helps me to clearly understand the different types of income; ordinary, passive, capital gains. I also understand the applicable taxes and taxes for individuals depend on several factors so the types of income are included in the factors regular, passive income, and capital gains while in applicable tax; graduated rate, FWT and capital gains. Unless exempt under the law, income not subject to FWT And CGT are classified as ordinary income and are subject to graduated tax rate.

[@mikeecanamo4049]

Done watching, Sir A! Thank you for this lecture.

[@sheenabataller8948]

I've finished watching, sir, and I appreciate every detail you provided. Basic tax (ordinary/regular) is applied to passive income derived from the Philippines but not included in the list as well as passive income derived generally. The next is capital gains tax on stock sales of domestic corporations that do not take place on the local stock exchange.

[@eunieviaamantoy9730]

Done watching! This lecture taught me about income classifications and the taxes that apply to them based on their income. Ordinary or regular income is subject to the graduated tax table (also known as basic or normal tax) as provided for in Tax Code Section 24(A). Passive income earned in the Philippines is subject to final withholding taxes, as specified in Section 24. (8). thankyouuu sir!🤍

[@karinaisabelletorres3396]

Done watching po, thanks a lot for keeping it clear and easy to understand.

[@cavanaghsheeanv.opinaldo3600]

Done watching this one sir! Thank you so much for this informative lesson! This gave me more knowledge po about the topic.

[@melodyayop1352]

Thank you po sir for this lecture. Done watching

[@kimberlyguimba2689]

Done watching and thank you sir. I learned in this video lesson is types of income, ordinary, passive and capital gains. Ordinary income are income not subject to Final WithHolding Tax or FWT and Capital Gains Tax or CGT and are subject to graduated tax rate. Passive income are subject to Final WithHolding Tax. Last in Capital Gains which is subject to Capital Gains Tax.

[@taniaalvarez2]

Done watching the video sir! In this lecture I learned that income is sorted into different classifications: Ordinary income, Passive Income, and Capital Gains. Each of these classification of income is subjected to different tax treatments. Although it may seem like there are overlaps in the kinds of income included per classification such as income from real estate which is included both under ordinary income and capital gains, turns out there are many forms of income and transactions that are involved with real estate properties that are classified differently.

[@lianortega7861]

Done watching, Sir A. Thank you po!

[@gamingwithnamedbest4634]

Rewatching for better understanding after encountering first hand forgot to comment last time thank you sir :)

[@ElishaPernia]

Done Watching sir A! Throughout this video I have learned about the Types of Income (ordinary, passive, and capital gains). I also able to understand the forms of income and the taxes applicable to them. In addition to wages and the salaries, short term capital gains, rents, dividends, interest income and such. In this video I gain a lot of knowledge that can I apply in the mere future Thank you sir A!!

[@templonuevoangelica3383]

Done watching sir! Throughout this lesson I have learned the difference types of income: Ordinary income is any type of income that's taxable at ordinary rates, include salaries, tips, bonuses, commissions, rents, royalties, short-term capital gains and interest income. Passive income is earnings from a rental property, limited partnership, or other business in which a person is not actively involved. Capital gains apply to any type of asset, including investments and those purchased for personal use. Thank you sir.

[@markdominicpinca3081]

Done watching, Sir! Thank you for this video lecture. There are many different types of income you can earn. You can actively work for earned income, or you can let your money work for you in passive income streams. You might also earn income from interest, dividends and capital gains on investments.

[@romaquinkrzyll9611]

Late comment but done watching your lectures po, Sir! Thank you!

[@jianneivyvier7901]

DONE watching sir, thankyou for the knowledge!

[@ellamedina7306]

Good evening sir, done watching po! Thank you po.

[@vanaaronmationg6023]

Done sir nakalimutan lang po mag comment. God Bless sir 😊😇

[@christineacuna2967]

Very informative! Thanks sir.

[@rirideeexxx4921]

Another fruitful discussion thank you sir A! learned Ordinary or regular income are subject to graduated tax table (also known as basic or normal tax) as provided for under Section 24(A) of the Tax Code. Passive income from sources within the Philippines are subject to final withholding taxes as enumerated under Section 24(B) of the Tax Code. These passive incomes are not subject to graduated tax rate or basic tax presented in Table 1-1 but to specific final withholding tax rates. Passive incomes derived abroad are subject to basic income tax, therefore, included in the income tax return of resident citizen taxpayers. Capital gains tax meaning on real estate is the tax imposed on a seller’s profit from selling a property classified under capital assets. Capital assets are properties owned by a taxpayer not used in any form of trade or business. Tax applied to the profits that you earned for the sale of an asset. Unlike taxes on ordinary income, which automatically occur each year when new income is earned by the individual, capital gains taxes are only levied once a sale of real property occurs.

[@kennethmondares3910]

Done Watching sir! thank you po. It's better than reading💯

[@jadashleyosorio2990]

Done sir! quick and educational

[@marcrendelle3779]

Done watching sir! Thank you sir!

[@christianjavier5930]

Done watching po sir, thankyou for the knowledge

[@jovelynvillaalonzo8718]

I've learned a lot in this video. I have known that income is the money that an individual or organization receives in exchange for labor, the creation of a good or service, or the investment of funds. Moreover, there are three different types of income are passive, passive, and capital gains. Ordinary income entails exchanging time, effort, or another valuable resource for money. Regular income includes gratuities, commissions, wages, and salaries. Money you receive through a rental property, a limited partnership, or any venture where you don't put in a lot of effort is known as passive income. Profits from the sale of a capital asset, such as a company, a plot of land, or a work of art, are known as capital gains.

[@irishjadebisnar8003]

Thank you sir, this video discussed the different types of income and these are Ordinary (subject in graduated tax), passive(FWT) and capital gains (CGT). Regular/ordinary income is actively earned while passive income have no active or direct involvement like interest income, dividend income, royalties, prizes and other winnings. These Activities have different rate depending on who is the taxpayer and year (long term income if per-terminated). Capital gains subject to CGT. The asset must not be an ordinary asset but rather capital asset. Sale of real property located in the Philippines (not used in business) is subject in 6% rate while Sale of share of stock of a domestic corporation not traded in the local stock exchange is subject in 15%

[@avec1207]

Challenging po intindihin and tandaan ang topic na ito pero manageable naman, thank you po.

[@mariafrancheskaraymundo5701]

Hello Sir,Thank you for this video lecture because I learn a lot. Types of Income Regular or Ordinary Income the following considered the money you receive from work or business income. Passive Income the following considered is that what you earn is interest like in the bank. And Capital Gains both Ordinary and Passive Income

[@alleyzone]

Done watching po, Sir. Late comment lang po. Thank you so much po!

[@Deettos]

Done watching, Thank you sir!

[@cyreenefrancisco868]

Done watching, Sir. Thank you po!

[@pruemicaeladelasalas2486]

Done watching po, sir. Thank you po!

[@nheamaeatentar1388]

Done watching po. Thank you so much sir ☺️

[@patrickvalerio7702]

Done watching po sir. Thank you so much po sir.

[@josephniloberta.santos408]

thank you po sir, done watching po

[@kristineguiling5754]

Done watching sir. Thank you for an informative discussion about the types of income 😊

[@rheamaeestavillo2189]

Thank you po! Great lecture sir

[@gillabrador4931]

Done watching, Sir. Thank you po.

[@precymaedianela2938]

Thank you sir for discussing the types of income. There are three main types of income earned, passive, unearned and portfolio. Earned income includes wages, salary, tips and commissions, as well as interest, dividends and capital gains on investments. Passive or unearned income could come from rental properties, royalties and limited partnerships.

[@jozamariecueto2343]

Done watching po Sir. Very detailed and well explained. Learned something new ulit today. 😊

[@reecamillabonganay6782]

Thank you Sir, done watching :)

[@janneeloizacarza7217]

done re-watching sir!! gets ko na poooo

[@josephinebryan8981]

Thank your for the lesson it's very informative po

[@Mariandetera0528]

done watching sir, thank you!

[@pattyrey3958]

Done watching, Sir. Thank you so much po.♥️

[@raymalynocopanlilio3417]

Done watching Sir, thank you po💖

[@alvintejano1302]

Thank you po sir for this informative video!

[@chelseamariebulaclac9967]

Done Watching! Thank you sir ❤️

[@noeminolledo9293]

Done watching Sir. Thank you po

[@alisanoleal]

Hi, Sir. I've already watched your videos last week. Sorry for posting my comment just now. Thank you so much, Sir!

[@ronalyncruz1054]

done watching po sir A!

[@elley9971]

done watching sir, since last week, sorry for the late comment

[@jainabartolo6005]

Done watching po sir, thank you! :)

[@princesslim9784]

Thank you for a very informative lecture po :)

[@roseanngmz8570]

Done watching po sir, thank you po

[@angelallenarce1277]

Done na po Sir, Thank you so much po for the knowledge ^^

[@eyannasofiaregencia3636]

Done watching po. Thank you for this informative lecture, sir!

[@kristinejoygimena3728]

Done na po sir last week ko pa po na download yung video para mapanuod kahit offline super informative at may matutu-tunan po talaga sa videos thankyou po Sir. 💛

[@SirATheCPAProf]

You're welcome Kristine

[@kayerosales5815]

Already done, Sir A. Thank you for discussing the different types of Incomes. I learned something new!

[@alkmg01]

Thank you po for your videos. Malaking tulong po siya.

[@gillianlim4036]

Capital gains are profits from the sale of a capital asset, such as shares, a business, real estate, or a work of art. Capital gains are normally included in taxable income, despite the fact that they are frequently taxed at a reduced rate. thank u sir.

[@joycebalingit9102]

Done watching po, thank you!

[@emmieroseceredon2245]

Thank you po sir for this lecture.

[@kylaabustan8313]

Done watching, sir. Thank you so much po for explaining the topic clearly!

[@anactakristelannm.4744]

done watching sir, thank you po :)

[@erikaoseo1080]

Done watching, Sir! Thank you for discussing the topic properly and understandable. :)

[@angelicarosete3388]

done watching po thank you sir

[@princesslim9784]

Done watching po. Thank you! :)

[@marivicpangan1899]

I now understand what are the ordinary,passive and capital gains.How tax is impose to the different types of income.Also the percentage to be impose to the tax payers..Thank you sir A. But its difficult to memorize all the information that are need to memorize.

[@villanelle1896]

Thank you sir! informative talaga lahat ng turo niyo, sana dumami pa manonood

[@SirATheCPAProf]

Salamat Z Hera. 🥰

[@aceroelcaoc8657]

Thank you sir. Very informative and learned a lot po😃

[@camilleraguindinhufalar5596]

Done watching sir💜

[@dralyricsvibe46]

Done Watching sir.

[@jumariebarsolo2799]

I've learned through this video that Income classified into 3 types namely: ordinary,passive and capital gains, wherein ordinary is Any sort of income that is taxable at regular rates and received by a person or entity is referred to as ordinary income. In addition to wages and salaries, it also includes short-term capital gains, unqualified dividends, tips, bonuses, commissions, rents, royalties, and interest income. While Passive income is Unearned income that is automatically gained and requires little to no work to achieve or keep is known as passive income. It frequently doubles as extra source of income, like a side gig. On the other hand Capital gains are gains from the sale of an investment, such as stocks, bonds, or real estate Because capital gains taxes are lower than regular income taxes, investors have an advantage over wage earners. Furthermore, one's overall tax liability may occasionally be reduced by capital losses.

[@haideecacalda5893]

Done na po Sir, thank you po!

[@haroldconstantino5954]

Thank you so much Sir! ❤️