US Code

Public Law 119-73 (01/23/2026)

26 U.S.C. § 140

Cross references to other Acts

(a)
For exemption of—
(1)
section 5943 of title 5 Allowances and expenditures to meet losses sustained by persons serving the United States abroad, due to appreciation of foreign currencies, see , United States Code.
(2)
section 5301 of title 38 Benefits under laws administered by the Department of Veterans Affairs, see , United States Code.
(3)
section 53507 of title 46 Earnings of ship contractors deposited in special reserve funds, see , United States Code.
(4)
12 U.S.C. 531 Income derived from Federal Reserve banks, including capital stock and surplus, see section 7 of the Federal Reserve Act ().
(5)
38 U.S.C. 1562(a) Special pensions of persons on Army and Navy medal of honor roll, see –(c).
(b)
42 U.S.C. 213 For extension of military income tax-exemption benefits to commissioned officers of Public Health Service in certain circumstances, see section 212 of the Public Health Service Act ().

Aug. 16, 1954, ch. 73668A Stat. 39Aug. 1, 1956, ch. 83770 Stat. 885Pub. L. 85–56, title XXII, § 2201(25)71 Stat. 160Pub. L. 85–857, § 13(t)72 Stat. 1266Pub. L. 88–272, title II, § 206(a)78 Stat. 38Pub. L. 89–365, § 1(a)(1)80 Stat. 32Pub. L. 91–172, title IX, § 901(a)83 Stat. 709Pub. L. 94–455, title XIX, § 1901(a)(21)90 Stat. 1766Pub. L. 95–618, title II, § 242(a)92 Stat. 3193Pub. L. 95–600, title I92 Stat. 2783Pub. L. 96–222, title I, § 101(a)(3)94 Stat. 195Pub. L. 96–589, § 6(i)(1)94 Stat. 3410Pub. L. 97–34, title I, § 124(e)(1)95 Stat. 198Pub. L. 97–473, title I96 Stat. 2605Pub. L. 98–369, div. A, title Vo98 Stat. 877Pub. L. 99–514, title XI, § 1168(a)100 Stat. 2512Pub. L. 100–647, title VI, § 6009(a)102 Stat. 3688Pub. L. 102–40, title IV, § 402(d)(2)105 Stat. 239Pub. L. 102–83, § 5(c)(2)105 Stat. 406Pub. L. 102–486, title XIX, § 1912(a)106 Stat. 3014Pub. L. 104–188, title I, § 1807(b)110 Stat. 1901Pub. L. 105–33, title IV, § 4006(a)111 Stat. 331Pub. L. 107–134, title I, § 111(a)115 Stat. 2432Pub. L. 109–304, § 17(e)(2)120 Stat. 1708Pub. L. 115–141, div. U, title IV, § 401(a)(2)(A)132 Stat. 1184(, , § 121; , title V, § 501(t), ; , , ; , , ; renumbered § 122, , , ; renumbered § 123, , , ; renumbered § 124, , , ; amended , , ; renumbered § 125, , , ; renumbered § 126, renumbered § 127, renumbered § 128, , §§ 134(a), 164(a), title V, 543(a), , , 2811, 2888; amended , , ; , , ; renumbered § 129, renumbered § 130, , title III, § 301(a), , , 267; renumbered § 131, renumbered § 132, , §§ 101(b)(1), 102(a), , , 2606; renumbered § 133, renumbered § 134 and amended , §§ 531(a)(1), 543(a), div. B, title VI, § 2661()(2), , , 891, 1159; renumbered § 135, , , ; renumbered § 136, , , ; , , ; , , ; renumbered § 137, , , ; renumbered § 138, , , ; renumbered § 139, , , ; renumbered § 140, , , ; , , ; , (b)(11), , , 1202.)

Editorial Notes

Amendments

Pub. L. 115–141, § 401(b)(11)2018—Subsec. (a)(2). , redesignated par. (3) as (2) and struck out former par. (2) which read as follows: “Amounts credited to the Maritime Administration under section 9(b)(6) of the Merchant Ship Sales Act of 1946, see section 9(c)(1) of that Act (50 U.S.C. App. 1742).”

Pub. L. 115–141, § 401(b)(11)Subsec. (a)(3). , redesignated par. (4) as (3). Former par. (3) redesignated (2).

Pub. L. 115–141, § 401(a)(2)(A), substituted “Department of Veterans Affairs” for “Veterans’ Administration”.

Pub. L. 115–141, § 401(b)(11)Subsec. (a)(4) to (6). , redesignated pars. (4) to (6) as (3) to (5), respectively.

Pub. L. 109–304section 53507 of title 4646 U.S.C. 11772006—Subsec. (a)(4). substituted “, United States Code” for “section 607(d) of the Merchant Marine Act, 1936 ()”.

Pub. L. 107–134section 139 of this title2002— renumbered as this section.

Pub. L. 105–33section 138 of this title1997— renumbered as this section.

Pub. L. 104–188section 137 of this title1996— renumbered as this section.

Pub. L. 102–486section 136 of this title1992— renumbered as this section.

Pub. L. 102–401991—Subsec. (a)(3). substituted “5301” for “3101”.

Pub. L. 102–83Subsec. (a)(6). substituted “1562(a)–(c)” for “562(a)–(c)”.

Pub. L. 100–647section 135 of this title1988— renumbered as this section.

Pub. L. 99–514section 134 of this title1986— renumbered as this section.

Pub. L. 98–3691984—, §§ 531(a)(1), 543(a), successively renumbered sections 132 and 133 of this title as this section.

Pub. L. 98–369, § 2661oSubsec. (a)(6) to (8). ()(2), struck out par. (6) relating to railroad retirement annuities and pensions, struck out par. (7) relating to railroad unemployment benefits, and redesignated par. (8) as (6).

Pub. L. 97–4731983— successively renumbered sections 130 and 131 of this title as this section.

Pub. L. 97–341981— successively renumbered sections 128 and 129 of this title as this section.

Pub. L. 96–589section 1079 of title 111980—Subsec. (a). redesignated pars. (2) to (9) as (1) to (8), respectively. Former par. (1), relating to for adjustments of indebtedness under wage earners’ plans, was struck out.

Pub. L. 96–222Subsec. (a)(8). substituted “benefits which are not includible in gross income under section 85,” for “benefits, see”.

Pub. L. 95–6001978— successively renumbered sections 125, 126, and 127 of this title as this section.

Pub. L. 95–618section 124 of this title renumbered as this section.

Pub. L. 94–455, § 1901(a)(21)1976—Subsec. (a). , struck out pars. (4), (5), (6), (9), (10), (11), (12), (13), and (17) relating to: benefits under World War Adjustment Compensation Act; benefits under World War Veteran’s Act 1924; dividends and interest derived from certain preferred stock by Reconstruction Finance Corporation; income derived from Ogdensburg bridge; income derived from Owensburg bridge and ferries; income from Saint Clair River bridge and ferries; leave compensation payments under section 6 of Armed Forces Leave Act of 1946; mustering-out payments under Mustering-Out Payment Act of 1944; and gain derived from sale or other disposition of Treasury Bills issued after , under the Second Liberty Bond Act, respectively, renumbered pars. (7), (8), (14), (15), (16), and (18) as pars. (5), (6), (7), (8), (9), and (4), respectively, struck out references to Statutes at Large, and updated cross references to the United States Code.

Pub. L. 94–455, § 1901(a)(21)58 Stat. 689Subsec. (b). , struck out “;” after “Health Service Act”.

Pub. L. 91–172section 123 of this title1969— renumbered as this section.

Pub. L. 89–365section 122 of this title1966— renumbered as this section.

Pub. L. 88–272section 121 of this title1964— renumbered as this section.

Pub. L. 85–857section 3101 of title 381958—Subsec. (a)(18). substituted “, United States Code” for “section 1001 of the Veterans’ Benefits Act of 1957”.

Pub. L. 85–561957—Subsec. (a)(18). substituted provisions relating to benefits under laws administered by Veterans’ Administration, for provisions which related to dependency and indemnity compensation.

1956—Subsec. (a). Act , added par. (18) relating to dependency and indemnity compensation.

Statutory Notes and Related Subsidiaries

Effective Date of 1984 Amendment

oPub. L. 98–369Pub. L. 98–21section 2664(a) of Pub. L. 98–369section 401 of Title 42Amendment by section 2661()(2) of effective as though included in the enactment of the Social Security Amendments of 1983, , see , set out as a note under , The Public Health and Welfare.

Effective Date of 1980 Amendments

Pub. L. 96–589section 7 of Pub. L. 96–589section 108 of this titleAmendment by effective , but not to apply to proceedings under Title 11 commenced before , see , set out as a note under .

Pub. L. 96–222Pub. L. 95–600section 201 of Pub. L. 96–222section 32 of this titleAmendment by effective, except as otherwise provided, as if it had been included in the provisions of the Revenue Act of 1978, , to which such amendment relates, see , set out as a note under .

Effective Date of 1976 Amendment

Pub. L. 94–455section 1901(d) of Pub. L. 94–455section 2 of this titleAmendment by applicable with respect to taxable years beginning after , see , set out as a note under .

Effective Date of 1958 Amendment

Pub. L. 85–857section 2 of Pub. L. 85–857Amendment by effective , see , set out as an Effective Date note preceding Part I of Title 38, Veterans’ Benefits.

Savings Provision

section 401(b)(11) of Pub. L. 115–141section 401(e) of Pub. L. 115–141section 23 of this titleFor provisions that nothing in amendment by be construed to affect treatment of certain transactions occurring, property acquired, or items of income, loss, deduction, or credit taken into account prior to , for purposes of determining liability for tax for periods ending after , see , set out as a note under .