IRS rule which excludes certain items from taxable income, such as child support, welfare payments, life insurance benefits, and income on tax-exempt investments.
Related information about income exclusion rule:
- Income Exclusion Rule Definition | Investopedia
A rule that sets aside certain types of income as nontaxable. There are many types of income that qualify under this rule, such as life insurance death benefit ...
- Income Exclusion Rule - Financial Dictionary - The Free Dictionary
Income exclusion rule. The IRS rule that excludes certain types of income from taxation, e.g., welfare payments. Income Exclusion Rule. An IRS rule stating that ...
- Income Exclusion Rule: Definition from Answers.com
income tax rule excluding certain items from taxable income. Personal exclusion s include interest on tax-exempt securities, returns of capital, life insurance.
- What is income exclusion rule? definition and meaning
Definition of income exclusion rule: IRS rule which excludes certain items from taxable income, such as child support, welfare payments, life insurance benefits, ...
- Foreign Earned Income Exclusion
Aug 22, 2012 ... Foreign Earned Income Exclusion. If you meet certain requirements, you may qualify for the foreign earned income and foreign housing ...
- Don't Pay Taxes While Overseas | Suite101
Jun 18, 2009 ... The Physical Presence Test refers to the qualifying Foreign Earned Income Exclusion rule that says US citizens abroad don't have to pay if ...
- SSA - POMS: RS 02505.125 - Basic Provision - Self-Employment ...
Sep 13, 2004 ... Apply the SE income exclusion rule to SE income only and not to wages. NOTE: Under this provision, self-employment earnings excluded from ...
- What Are Statutory Exclusions in Gross Income? | Chron.com
Another example of an industry benefiting from an income-exclusion rule is a statute that helps the timber industry. In this case, income received from the sale of ...