[{"data":1,"prerenderedAt":7},["ShallowReactive",2],{"faq-standard-2280":3},{"rec_id":4,"title":5,"text":6},"2280","What other types of income are excluded from Arkansas state tax?","Tax-exempt income that you must enter on your tax return include the following:\r\n\u003Col>\r\n\r\n\u003Cli>Money you received from a \u003Cb>life insurance\u003C/b> policy because of the death of the person who was insured.\r\n\u003Cbr>\r\n\u003Ci>\u003Cb>Note:\u003C/b> You must include as taxable income any interest payments made to you from the insurer (the insurance company that issued the policy).\u003C/i>\u003C/li>\r\n\r\n\u003Cli>Amounts you received as \u003Cb>child support payments\u003C/b>\u003C/li>\r\n\r\n\u003Cli>\u003Cb>Gifts, inheritances, bequests, or devises\u003C/b>\u003C/li>\r\n\r\n\u003Cli>\u003Cb>Interest you received from direct United States obligations, its possessions, the State of Arkansas, or any political subdivision of the State of Arkansas.\u003C/b> Obligations include bonds and other evidence of debt issued pursuant to a government unit's borrowing power. (Interest received on tax refunds is not exempt income, because it did not result from a debt issued by the United States, the State of Arkansas, or any political subdivision of the State of Arkansas.) Interest from government securities paid to individuals through a mutual fund is exempt from tax.\u003C/li>\r\n\r\n\u003Cli>\u003Cb>VA benefits, Workers' Compensation, Railroad Retirement benefits, and related supplemental benefits\u003C/b>\u003C/li>\r\n\r\n\u003Cli>\u003Cb>Disability Income\u003C/b> MAY BE exempt from tax pursuant to Internal Revenue Code 104. \u003C/li>\r\n\r\n\u003Cli>\u003Cb>Community Match Rural Physician Recruitment Program\u003C/b>\u003C/li>\r\n\r\n\u003Cli>\u003Cb>Public Service Loan Forgiveness\u003C/b>\u003C/li>\u003C/ol>\r\n\r\n\u003Cb>Tax-exempt items that we have already included for you, which you should not enter on this screen are:\u003C/b> \r\n\u003Cul>\r\n\u003Cli>Military Pension\u003C/li>\r\n\u003Cli>Social Security Benefits\u003C/li>\r\n\u003Cli>Interest Received from Arkansas\u003C/li>\r\n\u003Cli>Interest Received from Direct U.S. Obligations\u003C/li>\r\n\u003Cli>Rental Value of a Minister's Home\u003C/li>\r\n\u003Cli>Rural Physician Income\u003C/li>\r\n\u003Cli>U.S. Active-Duty Military Compensation\u003C/li>\r\n\u003C/ul>",1777391502116]