Subchapter B 61-291 Flashcards
1
Q
Definition of Gross Income, AGI, Taxable Income, ETC. (Part)
A
Part 1 (61-68)
2
Q
Gross Income Defined
A
61
3
Q
AGI Defined
A
62
4
Q
Taxable Income Defined
A
63
5
Q
Ordinary Income Defined
A
64
6
Q
Ordinary Loss Defined
A
65
7
Q
Treatment of Community Income
A
66
8
Q
2-percent floor on misc. itemized deductioins
A
67
9
Q
Overall Limitation on Itemized Deductions
A
68
10
Q
Items Specifically Included in Gross Income (Part)
A
Part 2 (71-91)
11
Q
Alimony and Separate Maintenance Payments
A
71
12
Q
Annuities; Certain Proceeds of Endowment and LI Contracts
A
72
13
Q
Services of Child
A
73
14
Q
Prizes and Awards
A
74
15
Q
Dealers in Tax-Exempt Securities
A
75