by Answerbag Staff on October 30th, 2009

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How much nontaxable income can you make before it's taxed?

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by Joshua Duvauchelle on October 30th, 2009

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Though it must always be reported on your tax form, nontaxable income is never taxed. This includes some insurance proceeds, workers' compensation and veterans' benefits.
Source:
IRS Publication 525 2008: Taxable and Nontaxable Income
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