California Revenue and Taxation Code ARTICLE 2 - Exclusions

• Section 24301.
  In computing the tax imposed under this part, “gross income” does not include any of the items specified in this article.(Repealed and added by Stats....
• Section 24302.
  Amounts received other than amounts paid by reason of the death of the insured under life insurance, endowment or annuity contracts, either during the term...
• Section 24303.
  Any grant made in any taxable year by the Secretary of the Treasury under Section 1603 of the American Recovery and Reinvestment Tax Act of...
• Section 24305.
  (a) Except as provided in subdivisions (b) and (c), amounts received under life insurance policies and contracts paid by reason of the death of the insured...
• Section 24306.
  (a) For purposes of this section, the following terms have the following meanings, as provided in the Golden State Scholarshare Trust Act (Article 19 (commencing with...
• Section 24307.
  (a) Section 108 of the Internal Revenue Code, relating to income from discharge of indebtedness, shall apply, except as otherwise provided.(b) Section 108(b)(2)(B) of the Internal Revenue...
• Section 24308.
  Section 1078 of Public Law 98-369 (Tax Reform Act of 1984), relating to exclusions from gross income of payments from the United States Forest Service...
• Section 24308.1.
  Gross income does not include any amount received as a rebate, voucher, or other financial incentive issued by the California Energy Commission, the Public Utility...
• Section 24308.2.
  (a) For taxable years beginning on or after January 1, 2014, and before January 1, 2019, gross income does not include any amount received as a...
• Section 24308.5.
  (a) Gross income does not include cost-share payments received by forest landowners from the Department of Forestry and Fire Protection pursuant to the California Forest Improvement...
• Section 24308.7.
  (a) For each taxable year beginning on or after July 1, 2015, gross income does not include an amount received as a loan forgiveness, grant, credit,...
• Section 24309.
  Gross income does not include income (other than rent) derived by a lessor of real property on the termination of a lease, representing the value...
• Section 24309.5.
  Section 110 of the Internal Revenue Code, relating to qualified lessee construction allowances for short-term leases, shall apply, except as otherwise provided.(a) Section 110(b) of the...
• Section 24310.
  (a) Section 111 of the Internal Revenue Code, relating to recovery of tax benefit items, shall apply, except as otherwise provided. (b) Sections 111(b) and 111(c) of...
• Section 24314.
  The following phrase (or its substantial equivalent) in other codes or statutes does not exempt the gain or loss from the sale or transfer of...
• Section 24315.
  Gross income does not include any amount received for empty beverage containers by a consumer from a recycling center or recycling location as the recycling...

Last modified: October 22, 2018