26 C.F.R. § 1.72-3. - § 1.72-3 Excludable Amounts Not Income.

Current as of January 1, 1970

Section 1.72-3 - § 1.72-3 Excludable Amounts Not Income.Section 1.72-3 - § 1.72-3 Excludable Amounts Not Income.

Section 1.72-2 - § 1.72-2 Applicability of Section.Section 1.72-4 - § 1.72-4 Exclusion Ratio.

§ 1.72-3 Excludable amounts not income.

In general, amounts received under contracts described in paragraph (a)(1) of § 1.72-2 are not to be included in the income of the recipient to the extent that such amounts are excludable from gross income as the result of the application of section 72 and the regulations thereunder.

Disclaimer. This may not be the most current version of this information. Users should consult official sources to verify information on this site is recent and current. Marble does not warrant or represent the accuracy, completeness or reliability of the information contained on this site.