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Section 61 is for gross income, section 61 is GI.

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Section 61 is for gross income, and it comes from any source it is derived.

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You can get gross income from services from dividends and property

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You can get gross income from business and royalties

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You can get gross income from a decedents, like an insurance policy

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or contracts and dividends and trusts and alimony

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and I said Section 61 is for Gross Income

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Section 61 is GI

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Section 61 is for Gross Income

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and it comes from any source it is derived.

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But, did you really know what Professor Shurtz said,

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that GI can be realized from receipts or benefits

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These benefits include services and meals

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but also stock and lodging, property which does appeal

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Section 61 is for Gross Income

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Section 61 is GI

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Section 61 is for Gross Income

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and it comes from any source it is derived.

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I wanna tell you a story

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about Cesarini's treasure trove

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The IRS wanted the money, but Cesarini said Oh No

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This money ain't Gross Income

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cause I didn't even know it was there

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We found it many years later and it's ours fair and square

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Well, fair and square it may have been, but you must

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claim that loot.

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Cause under 61, it can be taxed and it was yours without dispute

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Here we go, Section 61

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is for Gross Income

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Section 61 is GI

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Section 61 is for Gross Income

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and it comes from any source it is derived.