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Yes - you must report it as "cash income - other".

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14y ago
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13y ago

Simply put, yes.

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Q: Is donating plasma taxable income
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Related questions

Which benefits are available for US residents when donating vehicles?

Donating an unwanted vehicle to charity can be a tax benefit for United States residents who pay income taxes. The donor is able to deduct the fair market value of the vehicle from their taxable income.


When donating plasma how much do they take?

On average about a half to three quarters of a liter of plasma is needed when donating. After donating you are compensated for your donation.


Is kinship income taxable income?

No it is not taxable


What is donating plasma?

Donating plasma is when someone goes to a hospital and plamsa is removed from their body and it is given to someone else.


How can I determine my taxable income?

Taxable income is the total amount of your income that is taxable. Certain types of income are exempt from taxes, but most income is taxable. To find out more information about taxable income, go to http://en.wikipedia.org/wiki/Taxable_income


Is Avon income taxable?

ALL income is taxable.


Does donating plasma cause leukemia?

No.


Does donating plasma cause leg cramps?

Specefically, no. However, donating plasma is essentially donating blood. A loss of blood can caus fatigue, tiredness, and also leg cramps.


Are bonuses taxable?

Yes, Bonuses are income and income is taxable


Does donating plasma clean your system for weed?

No, it does not. And if you're concerned about "cleaning your system" from drugs, you really shouldn't be donating plasma in the first place.


Is ssi taxable?

Supplemental security income (SSI) is not taxable income.


Will donating plasma make it hard to get pageant?

no