income
 






 

Question by  kasen (46)

What do you need to add as income on taxes?

 
+7

Answer by  Chaneygirl (1755)

Earnings from employment, self employment, interest, dividends, pensions & annuities, capital gains from sales, net rental income, gambling winnings, prizes, jury duty, certain legal settlements, alimony received, taxable state/local refunds, gains from sale of business property, possibly social security (need to calculate), unemployment, net farm income, taxalbe IRA distributions, royalties, and bartering income.

 
+6

Answer by  EarlOfSandwich (177)

You need to include all possible sources of income, including: wages, interest, dividends, gains from the sale of assets, winnings, prizes, rent and royalties received, alimony, and income derived from partnerships. You do not include gifts or child support payments.

 
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