You don't necessarily need probiotics â a type of good bacteria â to be healthy. However, these microorganisms may help with digestion and offer protection from harmful bacteria, just as the existing good bacteria in your body already do. Prebiotics are nondigestible carbohydrates that act as food for probiotics. When probiotics and prebiotics are combined, they form a synbiotic.
Under IRC Section 277, late fees, fines, and penalties from members are membership income because they result from transactions with members. There are differences of opinion, however, about whether they are taxable or nontaxable under IRC Section 528.
So what is taxable income? Basically, it's your total, gross income minus allowable personal exemptions and deductions. The individual tax forms -- 1040EZ, 1040A or 1040 -- act as filters here to help you to reach the smallest taxable income level.