Income Exclusion Rule

Business, Legal & Accounting Glossary

Definition: Income Exclusion Rule


Income Exclusion Rule


Full Definition of Income Exclusion Rule


IRS rule which excludes certain items from taxable income, such as child support, welfare payments, life insurance benefits, and income on tax-exempt investments.


Cite Term


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Page URL
https://payrollheaven.com/define/income-exclusion-rule/
Modern Language Association (MLA):
Income Exclusion Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/income-exclusion-rule/.
Chicago Manual of Style (CMS):
Income Exclusion Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/income-exclusion-rule/ (accessed: April 19, 2024).
American Psychological Association (APA):
Income Exclusion Rule. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/income-exclusion-rule/

Definition Sources


Definitions for Income Exclusion Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.