Generally, you must include in gross income everything you receive in payment for personal services. In addition to wages, salaries, commissions, fees, and tips, this includes other forms of compensation such as fringe benefits and stock options.
Internship comprises six months of medicine and six months of surgery. A minimum of two months and a maximum of three months may be spent in a sub-speciality, including emergency medicine, general practice, obstetrics & gynaecology, paediatrics, psychiatry, anaesthesia and radiology.
A word on internshipsFollowing medical school, youve got your internship. This takes one year. Depending on your specialty, your internship year may or may not be included in your general residency program. For most specialties, it is in fact the case that you do not go through a freestanding internship year.