income exclusion rule — The IRS rule that excludes certain types of income from taxation, e.g., welfare payments. Bloomberg Financial Dictionary … Financial and business terms
exclusion — ex·clu·sion /ik sklü zhən/ n 1: the act of excluding or state of being excluded; specif: refusal of entry into the U.S. by immigration officials review of deportation and exclusion orders compare deportation 2: something that excludes or is… … Law dictionary
Income tax in the United States — UStaxationThe federal government of the United States imposes a progressive tax on the taxable income of individuals, partnerships, companies, corporations, trusts, decedents estates, and certain bankruptcy estates. Some state and municipal… … Wikipedia
exclusion — Denial of entry or admittance. In taxation, item of income that is excluded from gross income (i.e., not taxed) because of particular I.R.C. provision; e.g., gifts and inheritance (I.R.C. No. 102); qualified sajplarships (I.R.C. No. 117) Compare… … Black's law dictionary
exclusion — Denial of entry or admittance. In taxation, item of income that is excluded from gross income (i.e., not taxed) because of particular I.R.C. provision; e.g., gifts and inheritance (I.R.C. No. 102); qualified sajplarships (I.R.C. No. 117) Compare… … Black's law dictionary
Cancellation of Debt (COD) Income — Part of a series on Taxation Taxation in the United States … Wikipedia
Dividend Exclusion — A rule that allows corporations to subtract dividends received from income for tax purposes. Dividend exclusion is permitted for domestic corporations in the United States and allows for the exclusion of a percentage of dividend income received… … Investment dictionary
Low-Income Housing Tax Credit — The Low Income Housing Tax Credit (LIHTC; often pronounced lye tech ) is a tax credit created under the Tax Reform Act of 1986 (TRA86) that gives incentives for the utilization of private equity in the development of affordable housing aimed at… … Wikipedia
annual exclusion — A tax rule allowing the deduction of certain income from taxation. Bloomberg Financial Dictionary … Financial and business terms
Tax Increase Prevention and Reconciliation Act of 2005 — The Tax Increase Prevention and Reconciliation Act of 2005 (or TIPRA, USPL|109|222, USStat|120|345) was enacted on May 17, 2006. This bill prevents several tax provisions from sunseting in the near future. The two most notable pieces of the bill… … Wikipedia
