exclusion from taxable income

简明释义

不计列应税所得额

英英释义

例句

1.The government allows a certain amount of student loan forgiveness to be an exclusion from taxable income, meaning you won't have to pay taxes on that forgiven amount.

政府允许一定数额的学生贷款减免作为应税收入的排除，这意味着您无需对该减免金额缴纳税款。

2.Charitable donations can sometimes qualify for an exclusion from taxable income if they meet specific criteria.

慈善捐赠在满足特定条件时，有时可以符合应税收入的排除。

3.If you receive a gift from a friend, it can be classified as an exclusion from taxable income if it falls under the annual gift tax exclusion limit.

如果您收到朋友的礼物，如果在年度赠与税排除限额内，它可以被归类为应税收入的排除。

4.The IRS specifies that any life insurance payout received by beneficiaries is an exclusion from taxable income.

美国国税局规定，受益人收到的任何人寿保险赔付都是应税收入的排除。

5.Certain health insurance benefits provided by your employer are considered an exclusion from taxable income and do not increase your taxable earnings.

雇主提供的某些健康保险福利被视为应税收入的排除，并不会增加您的应税收入。

作文

Understanding the concept of exclusion from taxable income is essential for anyone looking to navigate the complexities of personal finance and taxation. Tax laws can be intricate, and knowing what constitutes taxable income versus what can be excluded is crucial for effective financial planning. In simple terms, exclusion from taxable income refers to specific types of income that the IRS allows taxpayers to exclude from their total income when calculating their tax liability. This means that these amounts are not subject to taxation, which can significantly reduce the overall tax burden for individuals and businesses alike.For instance, certain types of employee benefits, such as health insurance premiums paid by an employer, can be considered exclusion from taxable income. This exclusion encourages employers to provide health benefits to their employees, promoting better health outcomes while simultaneously reducing the taxable income for those employees. Additionally, contributions made to retirement accounts like 401(k)s or IRAs can also qualify for exclusion from taxable income, allowing individuals to save for retirement while deferring taxes on those contributions until they withdraw the funds in retirement.Another common example is the exclusion of capital gains from the sale of a primary residence. Under certain conditions, homeowners may exclude up to $250,000 (or $500,000 for married couples) of capital gains from their taxable income when they sell their home. This provision incentivizes homeownership and investment in real estate, providing significant financial relief to taxpayers during property transactions.Moreover, educational assistance provided by employers, such as tuition reimbursement programs, can also fall under the category of exclusion from taxable income. By excluding these amounts from taxable income, the government encourages further education and skill development among the workforce, ultimately benefiting the economy.Understanding the various exclusions available can empower taxpayers to make informed decisions about their finances. However, it is also important to note that there are limits and specific requirements associated with each type of exclusion from taxable income. For example, to qualify for the capital gains exclusion on a primary residence, homeowners must meet certain ownership and use tests. Failing to adhere to these rules can result in unexpected tax liabilities.In conclusion, the concept of exclusion from taxable income plays a vital role in the tax system, providing taxpayers with opportunities to reduce their taxable income legally. By familiarizing themselves with these exclusions, individuals can optimize their financial strategies, effectively manage their tax obligations, and ultimately enhance their financial well-being. As tax laws continue to evolve, staying informed about what qualifies for exclusion is essential for maximizing financial benefits and ensuring compliance with tax regulations.

理解“exclusion from taxable income”这个概念对于任何希望驾驭个人财务和税收复杂性的人来说都是至关重要的。税法可能很复杂，了解什么构成应税收入以及什么可以排除是有效财务规划的关键。简单来说，“exclusion from taxable income”指的是国税局允许纳税人在计算税负时从总收入中排除的特定类型的收入。这意味着这些金额不需缴纳税款，这可以显著减少个人和企业的整体税负。例如，某些员工福利，如雇主支付的健康保险费，可以视为“exclusion from taxable income”。这一排除鼓励雇主向员工提供健康福利，促进更好的健康结果，同时减少这些员工的应税收入。此外，像401(k)或IRA这样的退休账户的贡献也可以符合“exclusion from taxable income”的条件，使个人能够为退休储蓄，同时在退休时提取资金时推迟这些贡献的税款。另一个常见的例子是出售主要居所的资本利得排除。在某些条件下，房主在出售房屋时可以将高达25万美元（或已婚夫妇50万美元）的资本利得从其应税收入中排除。这项规定激励了住房拥有权和房地产投资，为纳税人在物业交易中提供了显著的财务救济。此外，雇主提供的教育援助，例如学费报销计划，也可以归入“exclusion from taxable income”的类别。通过将这些金额从应税收入中排除，政府鼓励劳动力进一步教育和技能发展，最终使经济受益。了解各种可用的排除项可以使纳税人能够做出明智的财务决策。然而，还需要注意的是，每种“exclusion from taxable income”都有其限制和特定要求。例如，要符合主要居所的资本利得排除，房主必须满足某些所有权和使用测试。未能遵守这些规则可能会导致意外的税务责任。总之，“exclusion from taxable income”的概念在税制中发挥着至关重要的作用，为纳税人提供合法减少应税收入的机会。通过熟悉这些排除项，个人可以优化其财务策略，有效管理其税务义务，并最终增强其财务福祉。随着税法的不断演变，了解哪些内容符合排除标准对最大化财务利益和确保遵守税收法规至关重要。