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QUESTION IMAGE

which agency of the federal government has stated that \all revenue fro…

Question

which agency of the federal government has stated that \all revenue from whatever source derived\ is to be reported on an individuals tax return?
a securities and exchange commission
b internal revenue service
c united states supreme court
d united states tax court

Explanation:

Brief Explanations

The Internal Revenue Service (IRS) is responsible for tax - related matters in the United States. It is the IRS that requires individuals to report all revenue from any source on their tax returns. The Securities and Exchange Commission (SEC) deals with securities and financial markets. The United States Supreme Court is the highest judicial body. The United States Tax Court is a judicial body for tax disputes.

Answer:

B. Internal Revenue Service