General definition
2 rules0 of 14 subsections
Except as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items:
(1)
(1)#
Compensation for services, including fees, commissions, fringe benefits, and similar items;
(2)#
Gross income derived from business;
(3)#
Gains derived from dealings in property;
(4)#
Interest;
(5)#
Rents;
(6)#
Royalties;
(7)#
Dividends;
(8)#
Annuities;
(9)#
Income from life insurance and endowment contracts;
(10)#
Pensions;
(11)#
Income from discharge of indebtedness;
(12)#
Distributive share of partnership gross income;
(13)#
Income in respect of a decedent; and
(14)#
Income from an interest in an estate or trust.