Income shall mean any money or thing of value received, or to be received as a claim on future services, whether in the form of a fee, salary, expense, allowance, forbearance, forgiveness, interest, dividend, royalty, rent, capital gain, or any other form of recompense then constituting income under the Internal Revenue Code.

Source

  • Laws 1976, LB 987, § 26.

Terms Used In Nebraska Statutes 49-1426

  • Forbearance: A means of handling a delinquent loan. A
  • Income: shall mean any money or thing of value received, or to be received as a claim on future services, whether in the form of a fee, salary, expense, allowance, forbearance, forgiveness, interest, dividend, royalty, rent, capital gain, or any other form of recompense then constituting income under the Internal Revenue Code. See Nebraska Statutes 49-1426
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