The eight chapters in this part discuss many kinds of income. They explain which income is and is not taxed. See Part Three for information on gains and losses you report on Schedule D (Form 1040) and for information on selling your home.
Table of Contents
- 5. Wages, Salaries, and Other Earnings
- 6. Tip Income
- 7.
Interest Income
- What's New
- Reminder
- Introduction
- Useful Items - You may want to see:
- General Information
- Taxable Interest
- Interest subject to penalty for early withdrawal.
- Money borrowed to invest in certificate of deposit.
- U.S. Savings Bonds
- Education Savings Bond Program
- U.S. Treasury Bills, Notes, and Bonds
- Bonds Sold Between Interest Dates
- Insurance
- State or Local Government Obligations
- Original Issue Discount (OID)
- When To Report Interest Income
- How To Report Interest Income
- 8. Dividends and Other Corporate Distributions
- 9. Rental Income and Expenses
- 10. Retirement Plans, Pensions, and Annuities
- 11. Social Security and Equivalent Railroad Retirement Benefits
- 12.
Other Income
- What's New
- Introduction
- Useful Items - You may want to see:
- Bartering
- Canceled Debts
- Host or Hostess
- Life Insurance Proceeds
- Partnership Income
- S Corporation Income
- Recoveries
- Rents from Personal Property
- Repayments
- Royalties
- Unemployment Benefits
- Welfare and Other Public Assistance Benefits
- Other Income
- Emotional distress.
- Deduction for costs involved in unlawful discrimination suits.
- Energy conservation measure.
- Dwelling unit.
- Current income required to be distributed.
- Current income not required to be distributed.
- How to report.
- Losses.
- Grantor trust.
- Nonemployee compensation.
- Corporate director.
- Personal representatives.
- Manager of trade or business for bankruptcy estate.
- Notary public.
- Election precinct official.
- Difficulty-of-care payments.
- Maintaining space in home.
- Reporting taxable payments.
- Lotteries and raffles.
- Form W-2G.
- Inherited pension or IRA.
- Employee awards or bonuses.
- Pulitzer, Nobel, and similar prizes.
- Payment for services.
- VA payments.
- Prizes.
- Strike and lockout benefits.
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