Which of the following is included in Gross Income?
A) profit made by an entrepreneur
B) interest earned on savings accounts
C) wages and tips
D) rental income on property
E) all of the above

Question

Quizplus · Accepted Answer

All the options listed (profit made by an entrepreneur, interest earned on savings accounts, wages and tips, and rental income on property) are considered forms of income that must be included in Gross Income according to the IRS and general accounting principles.

Which of the Following Is Included in Gross Income