§ 12051 Income Definition Standards

• •Income includes money you earn from work and money you get without working, like gifts or benefits.
• •The law uses the same definition of income as the Social Security Act from 1972.
• •If there’s a special rule, it might change what counts as income.

You get a paycheck from your job and also receive money from your grandparents as a gift.

Both your paycheck and the gift money count as income under this law.