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gross compensation
(Tax Law)
All income from all sources (other than tax-exempt income) that must be included on your tax return.
This income may include:
- Honorarium.
- Executor or Administrator Fees.
- Witness Fees.
- Director Fees.
- Foster Care.
- Jury duty pay
- Expert witness fee
- Honorarium
- Covenant not-to-compete
- Damages or settlement for lost wages other than personal injury
- Other nonemployee compensation; describe it on this line.
- Early distribution from retirement or pension plan
- Form 1099-MISC Income.
- Fees, commissions, rewards, golden parachute payments, damage awards, termination payments, fringe benefits or
- other items of non-employee compensation reported on Federal Form 1099-MISC.
Source : Internal Revenue Service - United States Department of Treasury
Language : English