Nev. Rev. Stat. § 361.7366

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 361.7366 - "Income" defined

"Income" means adjusted gross income, as defined in the Internal Revenue Code, and includes:

1. Tax-free interest;

2. The untaxed portion of a pension or annuity;

3. Railroad retirement benefits;

4. Veterans' pensions and compensation;

5. Payments received pursuant to the federal Social Security Act, including supplemental security income, but excluding hospital and medical insurance benefits for the aged and disabled;

6. Public welfare payments, including allowances for shelter;

7. Unemployment insurance benefits;

8. Payments for lost time;

9. Payments received from disability insurance;

10. Disability payments received pursuant to workers' compensation insurance;

11. Alimony;

12. Support payments;

13. Allowances received by dependents of servicemen and servicewomen;

14. The amount of recognized capital gains and losses excluded from adjusted gross income;

15. Life insurance proceeds in excess of $5,000;

16. Bequests and inheritances; and

17. Gifts of cash of more than $300 not between household members and such other kinds of cash received by a household as the Department specifies by regulation.

NRS 361.7366

Added to NRS by 2003, 1620