A taxpayer has the following sources of income other than wages this year: Oil royalties of $$1,000$ Rent of $$15,000$ Non$-$employee compensation of $$15,000($for consulting work performed on the side$)$ A $$1,000$ manufacturing incentive payment $($SPIFF$)$ from the manufacturer of the brand that the taxpayer sells at their job for meeting a sales goal $$1,000$ winnings from a sweepstake Is the following statement true? The taxpayer is not taxed on miscellaneous income. It is for their records only