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5 Cards in this Set
- Front
- Back
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Principal Exclusions from Gross income:
Donative Items |
Gifts Bequests and inheritances
Life insurance paid by reason of death Accelerated death benefits Survivor benefits for public safety officer killed in the line of duty Scholarships |
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Principal Exclusions from Gross income:
Personal welfare Items |
Injury or sickness payments
public assistance payments amounts received under insurance constracts for certain living expenses reimbursement for cost of caring for a foster child Disaster releif payments |
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Principal Exclusions from Gross income:
Wage and salary supplments fringe benefits |
accident and health benefits
health savings accounts lodging and meals furnished for the convenience of the employer rental value of parsonages employee achievement awards employer contributionst to employee group term life insurance cafeteria plans educational assistance payments child or dependent care services provided to employees at no additional cost to the employer employee discounts working condition athletic facilties provided to employees qualified transportation fringe qualified moving expense reimbursement qualified retirement planning services tuition reductions granted to employees of educational institutions child adoption expesnes long term care insurance |
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Principal Exclusions from Gross income:
military benefits |
combat pay
housing uniforms and other benefits |
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Principal Exclusions from Gross income:
Investor items |
interest on state and local governement obligations
improvemetns by tenant to landlord's property 50% exclusion for gain from sale of certain small business stock. |
