Basically, what one wins from gambling is considered ordinary income.

Some members of Congress said it was unfair to consider income alone given the cost of living in the region.

Under the new guidelines all these sources are now considered "good" income.

Now, the difference between the original cost of donated property and its current value is considered income when calculating the alternative tax.

As a result the annuity should be considered income to the taxpayer.

How much can a family earn and still be considered middle income?

Current tax law explicitly states that health insurance cannot be considered taxable income.

Consider an emerging company with zero or low income in one year and rapid growth the next.

"In this area, $46,000 for a family of four is considered low income."

The three 36-floor towers and 20 town houses in the complex are considered middle income.