What are examples of Other Income?

Last Updated Aug 8, 2023

Here are some examples of other income:

  • Interest income: This is income earned from interest-bearing investments, such as bonds, certificates of deposit, and savings accounts.

  • Dividend income: This is income earned from shares of stock that are held in a company.

  • Rental income: This is income earned from renting out property, such as a house, apartment, or office space.

  • Royalties: This is income earned from the use of intellectual property, such as patents, copyrights, and trademarks.

  • Gains from the sale of capital assets: This is income earned from the sale of assets that have appreciated in value, such as stocks, bonds, and real estate.

  • Miscellaneous income: This is income that does not fit into any of the other categories, such as benefits, awards, and prizes.

Important note: Be prepared to provide valid documentation of your other income.

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