because he didn’t render any services to the Nobel Prize committee in order to win the money. d. No; and it wouldn’t have been income to him under any circumstances. Study Guide 3 Page 3. 1 Interest Read (in Posin & Tobin) re Interest Pages 79 – 83 Internal Revenue Code provisions re Interest § 61. Gross income defined (a) General definition. —Except as otherwise provided in this subtitle

gross income means all income from whatever source derived

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