Glossary · IRC §61 · 26 U.S.C. §61
Gross income
Gross income — All income from whatever source derived under Section 61, before any deductions or adjustments. The Statutory Foundation — Section 61 defines gross income as all income from whatever source derived, with an illustrative list of categories.
In the Guide
This section is treated in Chapter 2, Chapter 7, Chapter 21. The published chapter summary is the source of the definition above. The full reasoning, citations, and worked examples are in the book.
Cite as: Diaz, Paul D. THE TAX CUTTERY® Guide to Federal Income Taxation, Professional Edition, Chapter 2: Gross Income — The Starting Point. IRC §61 (26 U.S.C. §61). taxguide.tax/irc/61
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