INCOME SPECIFICALLY INCLUDED UNDER IRC SECTION 61
01.Core Concepts
• Compensation for services (including fringe benefits) • Income derived from business • Gains derived from dealings in property • Interest and dividends • Rents and royalties • Alimony and separate maintenance payments required by a divorce decree entered prior to 1/1/2019 (or substantially modified after 12/31/2018) • Annuity payments • Income from life insurance and endowment contracts • Pensions • Discharge of indebtedness • Distributive share of partnership gross income • Income in respect of a decedent • Income from an interest in an estate or trust