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
'Ingresos' 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
'Renta' 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.