Which of the following may be excluded from income?

Question

Quizplus · Accepted Answer

A) Payment for the loss of an arm is excluded under workers' compensation or personal injury settlements.

B) Premiums for health insurance paid by the employer are excluded from gross income.

C) Reimbursement from the insurance company for a physical examination is excluded from gross income as it is considered a return of the premium paid.

Therefore, all of the above options are excluded from gross income.

Which of the Following May Be Excluded from Income