About Publication 525, Taxable and Nontaxable Income

You can receive income in the form of money, property, or services. This publication discusses many kinds of income and explains whether they are taxable or nontaxable. It includes discussions on:

• employee wages and fringe benefits,
• income from bartering, partnerships, S corporations, and royalties
• disability pensions,
• life insurance proceeds, and
• welfare and other public assistance benefits.

Current revision

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