Which of the following is generally excluded from gross income?
A)Dividends
B)Rewards
C)Disability benefits
D)Passive income
E)None of the above

Question

Quizplus · Accepted Answer

Disability benefits are generally excluded from gross income. Dividends and passive income are typically included in gross income unless they meet certain requirements for exclusion. Rewards may be included in gross income, depending on the circumstances.

Which of the Following Is Generally Excluded from Gross Income