Indiana Administrative Code — Title 45 (Dept. of State Revenue)
45 IAC 3.1-1-2
Definition of gross income for individuals
Sec. 2. "Gross Income" Defined for Individuals. Indiana residents must report all income as defined by § 61 of the Internal Revenue
Code. Sources of income include, but are not limited to:
(1) Compensation for services, including fees, commissions and similar items
(2) Gross income derived from business
(3) Gains derived from dealings in property
(4) Interest
(5) Rents
(6) Royalties
(7) Dividends
(8) Alimony and separate maintenance payments
(9) Annuities
(10) Income from life insurance and endowment contracts
(11) Pensions
(12) Income from discharge of indebtedness
(13) Distributive share of partnership gross income
(14) Distributive share of taxable income from an electing small business corporation
(15) Income in respect of a decedent
(16) Income from an interest in an estate or trust
Nonresidents and part-year residents are also required to report gross income, as defined above, from all sources. These taypayers
[sic.] are afforded a deduction for non-Indiana income as explained in Regulation 6-3-1-3.5(a)(050) [45 IAC 3.1-1-5].
Amendment history
(Department of State Revenue; Reg 6-3-1-3.5(a)(020); filed Oct 15, 1979, 11:15 am: 2 IR 1511; errata, 2 IR 1743)
Source: view the official text
Nearby sections (25 sections)
- 2.2-9-1 · Exemption certificate; unlawful issuance or acceptance
- 2.2-9-2 · Penalties; individuals
- 2.2-9-3 · Penalties; retail merchants
- 2.2-9-4 · Responsible officer liability
- 2.2-9-5 · Inclusion in the price or absorption of the tax; offense
- 2.2-9-6 · Penalties; retail merchants; false advertisement
- 2.2-9-7 · Vehicle license, aircraft or watercraft registration; payment…
- 2.2-10-1 · Miscellaneous (Repealed)
- 2.2-10-2 · Gross income tax law; application (Repealed)
- 2.2-10-3 · Citations to prior law (Repealed)
- 3 · ARTICLE 3. ADJUSTED GROSS INCOME (REPEALED)
- 3.1-1-1 · Definition of adjusted gross income for individuals
- 3.1-1-2 · Definition of gross income for individuals
- 3.1-1-3 · Allowed Internal Revenue Code deductions
- 3.1-1-4 · Disallowed Internal Revenue Code deductions
- 3.1-1-5 · Modifications to federal adjusted gross income to determine…
- 3.1-1-6 · Net operating loss deduction for individuals (Repealed)
- 3.1-1-7 · Allocation of income among states; reciprocity
- 3.1-1-8 · Definition of adjusted gross income for corporations…
- 3.1-1-9 · Allowance of corporate net operating loss; modifications…
- 3.1-1-10 · Definition of adjusted gross income for fiduciaries…
- 3.1-1-11 · Exemptions for trusts and estates (Repealed)
- 3.1-1-12 · Resident and nonresident trusts and estates
- 3.1-1-13 · Deduction for distribution from estate or trust
- 3.1-1-14 · Report of distribution; allocation by nonresident estate or…