Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Income

Introduction

Objectives

At the end of this lesson, using your resource materials, you will be able to:

  • Compute taxable and nontaxable income
  • Distinguish between earned and unearned income
  • Report income correctly on Form 1040, lines 7-11

Estimated time to complete lesson: 1 hour 50 minutes