All of the following are types of nontaxable income except
A) child support payments.
B) casualty insurance reimbursements.
C) rental income.
D) reimbursements of moving expenses by an employer.

Question

Quizplus · Accepted Answer

Child support payments, casualty insurance reimbursements, and reimbursements of moving expenses by an employer are all types of nontaxable income. However, rental income is considered taxable income and should be reported on a tax return.

All of the Following Are Types of Nontaxable Income Except