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TAX INSIGHT pp 85-90 | Cite as

Tax-Free “Unordinary” Income from Non-Investment Sources

What Name Do We Give It?
  • M. Casey Murdock
Chapter

Abstract

There are several sources of income that don’t fit nicely into a particular category, such as employment income, investment income, or business income. These sources don’t really even fit into the “other ordinary income” category, in large part because these sources of income are often tax-free and don’t come as a result of normal income-generating activities. Thus I group all of these sources into one chapter and called them “unordinary” income. Included in this newly named category are:

Keywords

Insurance Proceeds Sale Price Cost Basis Punitive Damage Investment Income 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© M. Casey Murdock 2013

Authors and Affiliations

  • M. Casey Murdock
    • 1
  1. 1.CAUSA

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