405 IAC 8-2-12

405 IAC 8-2-12 "Income" defined

Last amended: 2024Year: 2027Length: 40 wordsOfficial source

Cite as Ind. Admin. Code tit. 405, r. 8-2-12

Sec. 12. "Income" means the amount of money or its equivalent received as follows: (1) In exchange for or as a result of labor or services. (2) From the sale of goods or property. (3) As profits from financial investments.
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