Non Taxable Income - USA
- Accidental health insurance proceeds
- Alimony if not deductible by the payer
- Buildup of cash or loan value of life insurance
- Cancellation of certain student loans, Scholarships, or fellowships
- Cash rebates
- Child Support
- Disability insurance benefits if the taxpayer paid the insurance premiums with the after tax dollars
- Disability retirement from the Veterans Administration
- Dividends on veterans life insurance
- Gifts/Inheritances
- Housing allowances for clergy (subject to SE tax)
- Insurance reimbursement of medical expenses not previously deducted.
- Interest on some state/municipal bonds
- Life Insurance proceeds
- Loans
- Money withdrawn from MSA to pay medical expenses
- Nontaxable portion of Social Security, annuity, or pension benefits.
- Part of Qualified Scholarships
- Physical injury or illness, but does not include punitive damages
- Recoveries of items that did not produce tax benefits in previous years
- Some employee benefits
- Some foster care payments
- Some Fringe benefits (employer contributions to pension/profit sharing plans, employer contributions to $50,000 of qualified group term life insurance and qualified health and accident insurance, employer provided educational assistance plan benefits, meals and lodging provided for the convenience of the employer on the premises), child care assistance plans
- Some income earned abroad ($100,800 cap)
- Some military pay
- Utility rebates
- Welfare and public assistance benefits, including Aid of Dependent Children
- Worker compensation
- Veterans benefits