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Other Income

  • Examples of other taxable income are:

  • Hobby income

  • Awards

  • Gambling winnings – including lottery and raffles

  • Prizes

  • Jury duty pay

  • Rental of personal property

  • Canceled Debts

  • Alaska Permanent Fund dividends

  • Qualified state tuition program earnings

  • Reimbursements or other amounts received for items deducted in an earlier year, such as medical expenses, real estate taxes, or home mortgage interest



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Cathy Fisher

Common Cents Bookkeeping and Tax Preparation

Serving Henderson, NC, Buncombe County, Polk County, Transylvania County

E: cathy@commoncentsqbo.com

P: 828-595-2835

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