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


Cathy Fisher

Common Cents Bookkeeping and Tax Preparation

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


P: 828-595-2835

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