1041-US: Calculating gross income reported on Form 5227, Box D (FAQ)

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Question

How is gross income reported on Form 5227, Box D calculated?

Answer

Gross income is all income received in the form of money, property, and services that is not exempt from tax. Gross income is the total income received before allowable deductions. The following is included as gross income.

Related topic: 1041-US: Form 5227 FAQs

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