Surprise! 4 things you didn’t know were taxable | National Post
With tax season beginning in just a few months, there is little time to prevent an unexpected tax surprise. Often people forget or they may not be aware of four kinds of income that are taxable: forgiven debt, unemployment benefits, proceeds from fundraising and disability insurance benefits. Preparing to report these items now, and doing things like spreading out estimated tax payments can help you avoid a surprise when you file your 2017 tax return.