{"id":639,"date":"2011-07-27T00:59:11","date_gmt":"2011-07-27T00:59:11","guid":{"rendered":"https:\/\/0c8fb60.netsolhost.com\/en\/?p=639"},"modified":"2022-11-17T02:53:27","modified_gmt":"2022-11-17T02:53:27","slug":"160-what-is-income","status":"publish","type":"post","link":"https:\/\/www.usataxhelp.com\/en\/our-tax-blog-at-wwwirstaxtalkcom\/general\/160-what-is-income\/","title":{"rendered":"What is Income?"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">IRC \u00a7 61 states all income from whatever source derived is taxable, unless specifically excluded by another Code section.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">IRC stands for Internal Revenue Code. If you ever tried to read it, you&#8217;ll know why they call it code! \u00a7 is the symbol for Code section.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IRC \u00a7 61 states all income from whatever source derived is taxable, unless specifically excluded by another Code section. IRC stands for Internal Revenue Code. If you ever tried to read it, you&#8217;ll know why they call it code! \u00a7 is the symbol for Code section. [&#8230;]<\/p>\n<p><a class=\"understrap-read-more-link\" href=\"https:\/\/www.usataxhelp.com\/en\/our-tax-blog-at-wwwirstaxtalkcom\/general\/160-what-is-income\/\">Read More&#8230;<span class=\"screen-reader-text\"> from What is Income?<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,13,18],"tags":[],"class_list":["post-639","post","type-post","status-publish","format-standard","hentry","category-general","category-international-taxation","category-sub-s-corporations"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is Income? - USA Tax Help<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.usataxhelp.com\/en\/our-tax-blog-at-wwwirstaxtalkcom\/general\/160-what-is-income\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is Income? - USA Tax Help\" \/>\n<meta property=\"og:description\" content=\"IRC \u00a7 61 states all income from whatever source derived is taxable, unless specifically excluded by another Code section. 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