Page 142 - Other Income for Individuals

Disaster relief payments (2/2)

Payments

 You can exclude this amount only to the extent any
expense it pays for isn’t paid for by insurance or
otherwise. The exclusion doesn’t apply if you were a
participant or conspirator in a terrorist action or a
representative of one.

 A qualified disaster is:
• A disaster which results from a terrorist or
military action;
• A federally declared disaster; or
• A disaster which results from an accident
involving a common carrier, or from any other

04 event, which is determined to be catastrophic by
the Secretary of the Treasury or his or her
delegate.

 For amounts paid under item (4), a disaster is
qualified if it’s determined by an applicable federal,
state, or local authority to warrant assistance from
the federal, state, or local government, agency, or
instrumentality.

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