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Taxable and Nontaxable Income PreviousNext

Taxable and Nontaxable Income (continued)

Case Study (continued)

The wages, interest, alimony, and lottery winnings are taxable income and will appear on LaDonna's tax return.

Child support, inheritance, and workers' compensation are nontaxable income and will not appear on LaDonna's tax return.

LaDonna's Income:
SOURCE TAXABLE?
Wages Taxable
Interest Taxable
Child support Nontaxable
Alimony Taxable
Inheritance Nontaxable
Workers' compensation Nontaxable
Lottery winnings Taxable

Photo of LaDonna
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