Question

The IRS counts all income from the following sources, EXCEPT:

A) Wages from an employer
B) Rental income from a residential property
C) Interest earned from a savings account
D) Gifts from family members

Answer 1

The IRS counts all income from the following sources, EXCEPT gifts from family members.

Step-by-step explanation:

The IRS counts all income from the following sources, EXCEPT:

1. Wages from an employer
2. Rental income from a residential property
3. Interest earned from a savings account
4. Gifts from family members

Therefore, the correct answer is D) Gifts from family members. While wages, rental income, and interest earned are all sources of income that the IRS counts, gifts from family members are not considered as taxable income by the IRS.