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Summary of Gross Income Exclusions

1. Donative items
Gifts, bequests, and inheritances ( 102)
Life insurance proceeds paid by reason of death ( 101(a))
Accelerated death benefits ( 101(g))
Survivor benefits for public safety officer killed in the line of duty ( 101(h))
Scholarships ( 117)
2. Personal welfare items
Injury or sickness payments ( 104)
Public assistance payments (Rev.Rul. 71425, 19712 C.B. 76)
Amounts received under insurance contracts for certain living expenses ( 123)
Reimbursement for the costs of caring for a foster child ( 131)
Disaster relief payments ( 139)
3. Wage and salary supplements
a. Fringe benefits
Accident and health benefits ( 105 and 106)
Health Savings Accounts ( 106(d))
Lodging and meals furnished for the convenience of the employer ( 119)
Rental value of parsonages ( 107)
Employee achievement awards ( 74(c))
Group-term life insurance purchased for employees ( 79)
Cafeteria plans ( 125)
Educational assistance payments ( 127)
Child or dependent care ( 129)
Services provided to employees at no additional cost to the employer ( 132)
Employee discounts ( 132)
Working condition and de minimis fringes ( 132)
Athletic facilities provided to employees ( 132)
Qualified transportation fringes ( 132)
Qualified moving expense reimbursement ( 132)
Qualified retirement planning services ( 132)
Tuition reductions granted to employees of educational institutions ( 117(d))
Child adoption expenses ( 137)
Long-term care insurance ( 7702B)
b. Military benefits
Combat pay ( 112)
Housing, uniforms, and other benefits ( 134)
c. Foreign earned income (( 911)
4. Investor items
Interest on state and local government obligations ( 103)
Improvements by tenant to landlords property ( 109)
Fifty percent, 75 percent, or 100 percent exclusion for gain from sale of certain small business
stock ( 1202)

Figure 1, continued
5. Benefits for the elderly
Social Security benefits (except in the case of certain higher-income taxpayers) ( 86)
6. Other benefits
Income from discharge of indebtedness ( 108)
Recovery of a prior years deduction that yielded no tax benefit ( 111)
Gain from the sale of personal residence ( 121)
Educational savings bonds ( 135)
Qualified tuition program ( 529)
Coverdell Education Savings Account ( 530)
Lessee construction allowances for short-term leases ( 110)
Conservation cost-sharing payments ( 126)