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Define
Definitions for
"Excludable"
Keywords:
taxpayer
,
taxable
,
elect
,
qualifying
,
item
An item of income—for example, from a qualifying public cost-share program-that a taxpayer can elect to exclude from his or her taxable income. Also see “Exclude,” “Income,” and “Taxable income.
timbertax.org
Keywords:
technologically
,
enjoying
,
benefits
,
prevent
,
good
If it is technologically possible to prevent a person from enjoying the benefits of a good or service. (p. 204)
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