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 Publication 525 PDF (HTML | eBook EPUB) Recent developments IRS issues guidance on state tax payments to help taxpayers Corrections to the 2022 Publication 525 -- 14-FEB-2023 Modified treatment of student loan forgiveness for discharges in 2021 through 2025 -- 08-SEP-2022 Other items you may find useful All Publication 525 revisions Sharing Economy Tax Center About Publication 334, Tax Guide for Small Business (For Individuals Who Use Schedule C or C-EZ) About Publication 523, Selling Your Home About Publication 527, Residential Rental Property (Including Rental of Vacation Homes) Other current products Related items About Form 843, Claim for Refund and Request for Abatement About Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness (and Section 1082 Basis Adjustment) About Form 1040, U.S. Individual Income Tax Return About Form 2441, Child and Dependent Care Expenses About Form 8839, Qualified Adoption Expenses About Form 8853, Archer MSAs and Long-Term Care Insurance Contracts About Form 8919, Uncollected Social Security and Medicare Tax on Wages About Form 8959, Additional Medicare Tax About Form 8960, Net Investment Income Tax Individuals, Estates, and Trusts
