What is taxable income? Part 3 of 3

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What is taxable income? Part 3 of 3
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• Income That Is NOT Taxable
• Below are some more examples of propaganda that
  is fed to the masses, which is all designed to
  promote your compliance with their non-existent
  law.
• For example they would have you believe the
  following are Types of income that are not
  subject to Federal tax may include the following

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• Gifts and inheritances
• Life insurance proceeds
• Child support
• Certain Veterans benefits
• Insurance reimbursements for medical expenses
  not previously deducted
• Some welfare payments

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• Compensatory damages for personal physical
  injury or illness
• Workers compensation
• Some qualified pension distributions for Public
  Safety Officers
• For more information, please see IRS Publication
  525, Taxable and Nontaxable Income.

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• Self-Employment Income
• Self-employment tax (also called SE tax) is a
  Social Security and Medicare tax aimed mainly at
  individuals who are self-employed. The SE tax
  payments you make go towards your coverage under
  the federal Social Security system. Social
  Security coverage essentially provides retirement
  benefits, disability benefits, health care
  benefits (Medicare), and survivor benefits. In
  general, you must pay Self-Employment Tax and
  file Schedule SE (on Form 1040) if either of
  the following applies

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• Your net earnings from self-employment income
  were 400 or more
• You work for a qualified church-controlled
  organization (other than as a minister or member
  of a religious order) that has elected an
  exemption from Social Security and Medicare
  taxes. In this case, you are subject to SE Tax if
  you earn 108.28 or more in wages from the
  church/organization.

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• To pay self-employment tax, you must have a
  Social Security number (SSN) or an individual
  taxpayer identification number (ITIN).
• Note that there are special rules for fishing
  crew members, notary public employees, aliens,
  state or local government employees, foreign
  government employees, and international
  organization employees.

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• You should also note that whenever SE tax is
  mentioned, it generally only refers to Social
  Security and Medicare taxes, and does not include
  any other taxes that self-employed individuals
  may be subject to. Keep in mind that other
  information may be required for your particular
  type of business.

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• Dont believe the Hype
• Most of America has absolutely no idea whatsoever
  whether they legally and lawfully owe federal
  income tax or not. That is by design not by
  mistake. Then Powers that Be have done a
  marvelous job brainwashing the public into
  compliance.
• We are all operating in the dark when it comes to
  this subject. We pay federal income taxes because
  we saw our parents pay and we believe we owe it
  too. It is a subtle form of indoctrination and it
  has worked great for generations.

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