| Introduction |
401 |
| Gifts and Inheritances |
402 |
| Life Insurance Proceeds |
403 |
| Endowment Policies |
404 |
| Gain on Surrender of Life Insurance Policies |
405 |
| Annuities – Introduction |
406 |
| General Rule |
407 |
| Employees’ Annuities |
408 |
| Special Simplified Rule for Certain Employee Annuities |
408A |
| Interest Income – What Interest is Taxable |
409 |
| Interest on U.S. Obligations |
410 |
| New Exclusion for Savings Bond Interest |
410A |
| Interest on State and Municipal Obligations |
411 |
| Interest-Free and Low Interest Loans |
412 |
| Exceptions |
413 |
| Dividend Income – What Dividends are Taxable |
414 |
| Stock Dividends |
415 |
| Return of Capital |
416 |
| Mutual Fund Dividends |
417 |
| Liquidating Dividends |
418 |
| Dividends on Insurance Policies |
419 |
| Disability Payments |
420 |
| Scholarships and Fellowships |
421 |
| Social Security Benefits |
422 |
| Welfare Benefits |
423 |
| Compensation for Damages – Accident and Health Insurance Reimbursement |
424 |
| Insurance Reimbursement for Extra Living Expenses |
425 |
| Unemployment Insurance Benefits |
426 |
| Income of U.S. Citizens from Sources Outside the U.S. |
427 |
| Conclusion |
428 |
