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Income Tax Planning
Chapter 4: Gross Income from Personal and Investment Activities/INCOME FROM PERSONAL ACTIVITIES
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 4: Gross Income from Personal and Investment Activities

INCOME FROM PERSONAL ACTIVITIES

01.Core Concepts

• Prizes and Awards • Alimony and Separate Maintenance (divorce before 2019) • Income from Discharge of Indebtedness • Income Received from Payment Apps and Online Marketplaces • Imputed Interest on Below Market Loans • Other Income • Gambling winnings • Fees for jury duty • Fees for being executor or personal representative • Hobby income