It also held that the anti-concurrent cause provisions in the insurance contracts were ambiguous and unenforceable in the hurricane-related loss context to the extent that such language, "purport[s] to exclude from
coverage losses that would otherwise be covered, such as wind damage, when that covered loss happens to accompany water damage (an excluded loss).
To eliminate people who don't know that they have cancer or other diseases, most scientists exclude from
the results anyone who dies within several years after the study begins.
Thus, an employee may exclude from
gross income employer reimbursements for qualified parking expenses, but only if he or she actually incurred them.
Christian churches do not exclude from
the table those who have physical ailments or psychological troubles.
A third CFC issue in Amdahl concerns whether and how section 959(b) applies to a water's-edge group, and specifically whether its provisions to exclude from
income previously taxed earnings and profits apply in California.
117(d) provides that a taxpayer can exclude from
gross income a qualified tuition reduction, defined as "any reduction in tuition provided to an employee of an organization .
Since 1939, ministers have been allowed to exclude from
income the value of a home or parsonage provided for them.
121 permits an individual to exclude from
income up to $250,000 ($500,000 for joint returns) of gain realized on the sale or exchange of a residence.
121 (b), as amended, permits individuals meeting ownership and use tests to exclude from
taxable income up to $250,000 of gain ($500,000 if married filing jointly) each time they sell or exchange their principal residence.
127(d), for tax years beginning before 1995, employees could exclude from
gross income amounts paid or expenses incurred by their employer if the assistance was furnished by an educational assistance program set up by the employer.
104(a),which exclude from
gross income payments for workers' compensation, health insurance benefits, and certain payments due to injuries from military service or terrorist attack.
The teller may exclude from
income the value of the meals obtained in the bank cafeteria.
108(a)(1)(D) and (c) to allow non-C corporation taxpayers to exclude from
gross income any debt relief income from "qualified real property business indebtedness," and to instead reduce the basis of the underlying real property.
18) The RRA added one other exception: after 1992, taxpayers (other than C corporations) may elect to exclude from
gross income certain income from the discharge of qualified real property business indebtedness (RPBI).
107 allows ministers to exclude from
gross income, for income tax purposes, a reasonable amount for the rental value of a home, including utilities, furnished to them as part of their compensation or the rental allowance (commonly called a parsonage allowance), to the extent this allowance is used by them to rent or otherwise provide a home.