https://fluentricciardi.com/wp-content/uploads/2022/01/monopoly-tax-philip-creative-commons-flickr-1_4.jpeg 768 1024 Becky Bertuzzi https://fluentricciardi.com/wp-content/uploads/2022/01/fluentricciardi-logo1.png Becky Bertuzzi2013-10-29 14:20:042022-01-25 14:21:03What kind of income can’t be taxed?
What kind of income can’t be taxed?
Did you know anyone paid for babysitting has to report that income to the IRS? Or let’s say you and a neighbor want to trade cars, you’ll still have to pay taxes on what the fair market value of the car you bartered. But not all income is taxable. Here are some examples of income you don’t have to pay taxes on: