The trial court made no such finding. Therefore, the undistributed earnings of the partnership should not have been used to determine Clayton's gross income because he could not individually access these partnership earnings. We reverse the trial court on this issue. Clayton points out that in the Internal Revenue Code employees of a corporation or business do not have to include in gross income the value of health insurance benefits. He contends that it would be blatantly unfair to conclude otherwise.
Gross income means all income from whatever source derived, unless excluded by law .
Gross income includes income realized in any form, whether in money, property, or services. Clayton concedes that the partnership's payments of the health insurance premiums for his benefit are considered gross income under the federal tax code, and he cites no law excluding these payments from gross income. We conclude that the trial court properly included the payment of health insurance premiums in Clayton's gross income and affirm. To conclude, the trial court erred by including the rental value of the farmhouse and the partnership's undistributed profits in Clayton's gross income. It did not err when it included in gross income the value of the partnership's health insurance premiums paid on Clayton's behalf.