Question: Now, after studying Chapter 2, you should know what the IRS includes and excludes from gross taxable income. Keep in mind, some items are not

Now, after studying Chapter 2, you should know what the IRS includes and excludes from gross taxable income. Keep in mind, some items are not simple and have 'it depends' type answers - for instance, annuities may only be partially includable.

Please make a discussion post on what item from the quiz:

Surprised you the most for an income INCLUSION
Surprised you the most for an income EXCLUSION

Feel free to include any other appropriate comments on what you learned from the gross income quiz.

Thank you!

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