Ingresos vs. renta
In Spanish, both ingresos and renta can be used to refer to income. However, they are not interchangeable in all contexts, as the usage depends on the specific scenario. Ingresos generally refers to any entry of money, while renta is often used in the context of taxes or rental income.
Ingresos
B1Ingresos translates directly to income, referring to a sum of money received, commonly as payment for work, goods, or services.
Los ingresos de la empresa han aumentado este trimestre.
(The company's income has increased this quarter.)
Mis ingresos no son suficientes para pagar la hipoteca.
(My income is not enough to pay the mortgage.)
Renta
B2Renta also means income, but it is most commonly used to refer to income from property or investment, or in the context of income tax (renta can also mean rent).
La renta del alquiler de la casa me ayuda a cubrir algunos gastos.
(The rental income from the house helps me cover some expenses.)
Debemos presentar nuestra declaración de la renta antes del 31 de diciembre.
(We must submit our income tax declaration before December 31st.)
Summary
While both words are related to income, ingresos is a general term for money earned while renta is more specific, often referring to property or investment income or used in the context of tax filing. Depending on your context, choosing between these two terms can provide greater clarity in communication.