Examples of Excluded Income in a sentence
Fully Excluded Income: Income that is fully excluded means the entire amount qualifies to be excluded from the annual income determination.
Buyer shall also be liable for, and shall hold the Seller Indemnified Parties harmless from and against any and all Excluded Income Taxes to the extent of any reserves for Taxes accrued on the Final Closing Date Financial Data.
Note: As detailed under the list of Excluded Income below, extra weekly benefits provided under the Federal Pandemic Unemployment Compensation program shall not be counted.
For more information on what to include here, see Excluded Income on page 5.Line 14: List all persons who resided in your household at any time during 2012.
Average Monthly Compensation is calculated by dividing the total income received by the Sales or Field Service Representative in salary and commissions (excluding any Excluded Income) during the 12 months preceding the first day of leave divided by 12.