Research the tax treatment for each of the following income items:

1. Rental income

4. Amounts received from settlement of lawsuits or from court judgments.

Specify the different treatment for:

(a) compensation for pain and suffering,

(b) punitive damage awards,

(c) compensation for mental and emotional distress,

(d) compensation for lost wages

5. Discharge of Indebtedness Income

6. Scholarships