Employer contributions for premiums on accident and accidental death insurance are not included in the income of the employee and are deductible by the employer
Origin: IRC § 106
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2019
FY2020
FY2021
FY2022
FY2023
Personal Income Tax
Exclusions from Gross Income
1.001
Exemption of Premiums on Accident and Accidental Death Insurance
Employer contributions for premiums on accident and accidental death insurance are not included in the income of the employee and are deductible by the employer
<a href="http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000106----000-.html" target="_blank">IRC § 106</a>
27.8
27.2
27.8
29.7
31.5
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