Klarna’s effect on your credit score depends on which plan you choose, since Pay in 4 stays off your credit report while financing plans do not. The product you pick decides whether it touches your credit at all.

Gifts are generally not taxable to the person who receives them, and the giver only owes gift tax after exceeding both an annual and a lifetime limit. A few transfers are always exempt no matter the amount.

VA disability compensation is not taxable, so service-connected disability benefits are free of federal and state income tax. The tax-free treatment holds regardless of your disability rating.

Severance pay is fully taxable and treated as wages, subject to income tax, Social Security, and Medicare. How it is withheld depends on the method your employer uses.

Scholarships are tax-free only to the extent they pay for qualified education expenses like tuition and required fees. Money spent on other costs, or paid for services, becomes taxable.

Pension income is generally taxable as ordinary income, except for any part that returns your own after-tax contributions. The split depends on how the plan was funded.

Whether annuity payments are taxable depends on whether the annuity was funded with pre-tax or after-tax money. The funding source decides how much of each payment is taxed.

Gambling and lottery winnings are fully taxable, counted as income no matter how small the amount or where it came from. How they are reported and withheld depends on the size of the win and the game.

Whether a lawsuit settlement is taxable depends on what the money is meant to replace, because the IRS taxes it based on the origin of the claim. Some settlements are fully tax-free, while others are taxed like ordinary income.

Unemployment benefits are taxable, counted as federal income in the year you receive them, and taxed by most states as well. The risk is a surprise bill, since taxes are not withheld unless you ask.