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"Once in a Lifetime" Tax Exclusion |
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"Once in a Lifetime" Tax ExclusionA forgiveness of a portion of the tax due on the sale of a residence by a senior citizen. As the term denotes, the exclusion can be taken only once."Once in a Lifetime" Tax Exclusion Similar MatchesExclusionExclusionA clause in an insurance policy which specifies items or conditions not covered.In the US, an item which is excluded from taxation such as contributions to an individual retirement account. Policy exclusionsPolicy exclusionsThese are events, instances or possessions which are not covered by your household or other insurance policy. This can be confusing as the main policy may seem to imply that such events, instances or possessions are covered only to excluded in the small print of the policy. Moral: Read the small print. Annual exclusionAnnual exclusionA tax rule allowing the deduction of certain income from taxation. Robots Exclusion StandardRobots Exclusion Standard(or "RES") - a de facto standard which allows a website administrator to tell search engine spiders and other robots which pages of a website they are allowed to visit and which are off limits. Income exclusion ruleIncome exclusion ruleThe IRS rule that excludes certain types of income from taxation, e.g., welfare payments. Further SuggestionsMutual exclusion doctrineExclusions |
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