thisMatter.com › Money › Taxes Income Taxes The tax code is complex because it is unfair. — wcs Gross Income, Adjusted Gross Income (AGI), and Modified Adjusted Gross Income (MAGI) Tax Formula to Determine Taxable Income from Gross Income Tax Withholding Estimated Tax Payments Tax Penalty for Underpayment of Tax Wages, Salary, And Other Compensation Taxation of Fringe Benefits Fringe Benefits: Health And Accident Coverage, Flexible Spending Arrangements, Health Reimbursement Arrangements, Access Rules And COBRA Coverage Pensions and Annuities Taxation Other Income Additional Medicare Tax of 0.9% on Earned Income Kiddie Tax Taxation of Alimony, Separate Maintenance Payments, and Child Support Imputed Interest On Below-Market Loans Taxation Of Social Security Benefits and Tier 1 Equivalent Railroad Retirement Benefits Taxation of Gambling Income Alternative Minimum Tax (AMT) for Individuals Taxation of Employee Stock Options Taxation Of Restricted Stock Compensation Taxation of Canceled Debt, Including Foreclosures and Short Sales Tax Consequences of Abandonments, Foreclosures, Repossessions, Voluntary Conveyances, and Bad Debts for the Lender Tax Attributes Tax Benefits for Military Personnel Tax-Exempt Entities Property Sales and Exchanges Tax Basis Property Sales Home Sale Exclusion: Tax Savings on Capital Gain of a Principal Residence Installment Sales Taxation Tax-Free Like-Kind Exchanges Of Property (§1031 Exchanges) Tax-Free Exchanges Taxation of Involuntary Conversions Foreign Income Foreign Income Foreign Earned Income Exclusion Foreign Tax Credit Expatriation Tax United States Taxation of Nonresident Aliens and Foreign Corporations