
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 26USC139]

 
                     TITLE 26--INTERNAL REVENUE CODE
 
                        Subtitle A--Income Taxes
 
                  CHAPTER 1--NORMAL TAXES AND SURTAXES
 
               Subchapter B--Computation of Taxable Income
 
         PART III--ITEMS SPECIFICALLY EXCLUDED FROM GROSS INCOME
 
Sec. 139. Cross references to other Acts

            (a) For exemption of--
                (1) Allowances and expenditures to meet losses sustained 
            by persons serving the United States abroad, due to 
            appreciation of foreign currencies, see section 5943 of 
            title 5, United States Code.
                (2) 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).\1\
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    \1\ See References in Text note below.
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                (3) Benefits under laws administered by the Veterans' 
            Administration, see section 5301 of title 38, United States 
            Code.
                (4) Earnings of ship contractors deposited in special 
            reserve funds, see section 607(d) of the Merchant Marine 
            Act, 1936 (46 U.S.C. 1177).\1\
                (5) Income derived from Federal Reserve banks, including 
            capital stock and surplus, see section 7 of the Federal 
            Reserve Act (12 U.S.C. 531).
                (6) Special pensions of persons on Army and Navy medal 
            of honor roll, see 38 U.S.C. 1562(a)-(c).
            (b) 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 
        (42 U.S.C. 213).

(Aug. 16, 1954, ch. 736, 68A Stat. 39, Sec. 121; Aug. 1, 1956, ch. 837, 
title V, Sec. 501(t), 70 Stat. 885; Pub. L. 85-56, title XXII, 
Sec. 2201(25), June 17, 1957, 71 Stat. 160; Pub. L. 85-857, Sec. 13(t), 
Sept. 2, 1958, 72 Stat. 1266; renumbered Sec. 122, Pub. L. 88-272, title 
II, Sec. 206(a), Feb. 26, 1964, 78 Stat. 38; renumbered Sec. 123, Pub. 
L. 89-365, Sec. 1(a)(1), Mar. 8, 1966, 80 Stat. 32; renumbered Sec. 124, 
Pub. L. 91-172, title IX, Sec. 901(a), Dec. 30, 1969, 83 Stat. 709; 
amended Pub. L. 94-455, title XIX, Sec. 1901(a)(21), Oct. 4, 1976, 90 
Stat. 1766; renumbered Sec. 125, Pub. L. 95-618, title II, Sec. 242(a), 
Nov. 9, 1978, 92 Stat. 3193; renumbered Sec. 126, renumbered Sec. 127, 
renumbered Sec. 128, Pub. L. 95-600, title I, Secs. 134(a), 164(a), 
title V, 543(a), Nov. 6, 1978, 92 Stat. 2783, 2811, 2888; amended Pub. 
L. 96-222, title I, Sec. 101(a)(3), Apr. 1, 1980, 94 Stat. 195; Pub. L. 
96-589, Sec. 6(i)(1), Dec. 24, 1980, 94 Stat. 3410; renumbered Sec. 129, 
renumbered Sec. 130, Pub. L. 97-34, title I, Sec. 124(e)(1), title III, 
Sec. 301(a), Aug. 13, 1981, 95 Stat. 198, 267; renumbered Sec. 131, 
renumbered Sec. 132, Pub. L. 97-473, title I, Secs. 101(b)(1), 102(a), 
Jan. 14, 1983, 96 Stat. 2505, 2606; renumbered Sec. 133, renumbered 
Sec. 134 and amended Pub. L. 98-369, div. A, title V, Secs. 531(a)(1), 
543(a), div. B, title VI, Sec. 2661(o)(2), July 18, 1984, 98 Stat. 877, 
891, 1159; renumbered Sec. 135, Pub. L. 99-514, title XI, Sec. 1168(a), 
Oct. 22, 1986, 100 Stat. 2512; renumbered Sec. 136, Pub. L. 100-647, 
title VI, Sec. 6009(a), Nov. 10, 1988, 102 Stat. 3688; Pub. L. 102-40, 
title IV, Sec. 402(d)(2), May 7, 1991, 105 Stat. 239; Pub. L. 102-83, 
Sec. 5(c)(2), Aug. 6, 1991, 105 Stat. 406; renumbered Sec. 137, Pub. L. 
102-486, title XIX, Sec. 1912(a), Oct. 24, 1992, 106 Stat. 3014; 
renumbered Sec. 138, Pub. L. 104-188, title I, Sec. 1807(b), Aug. 20, 
1996, 110 Stat. 1901; renumbered Sec. 139, Pub. L. 105-33, title IV, 
Sec. 4006(a), Aug. 5, 1997, 111 Stat. 331.)

                       References in Text

    Section 9 of the Merchant Ship Sales Act of 1946 (50 U.S.C. App. 
1742), referred to in subsec. (a)(2), was repealed by Pub. L. 94-412, 
title V, Sec. 501(g), Sept. 14, 1976, 90 Stat. 1258.
    Section 607(d) of the Merchant Marine Act, 1936, referred to in 
subsec. (a)(4), is classified to section 1177 of the Appendix to Title 
46, Shipping.


                               Amendments

    1997--Pub. L. 105-33 renumbered section 138 of this title as this 
section.
    1996--Pub. L. 104-188 renumbered section 137 of this title as this 
section.
    1992--Pub. L. 102-486 renumbered section 136 of this title as this 
section.
    1991--Subsec. (a)(3). Pub. L. 102-40 substituted ``5301'' for 
``3101''.
    Subsec. (a)(6). Pub. L. 102-83 substituted ``1562(a)-(c)'' for 
``562(a)-(c)''.
    1988--Pub. L. 100-647 renumbered section 135 of this title as this 
section.
    1986--Pub. L. 99-514 renumbered section 134 of this title as this 
section.
    1984--Pub. L. 98-369, Secs. 531(a)(1), 543(a), successively 
renumbered sections 132 and 133 of this title as this section.
    Subsec. (a)(6) to (8). Pub. L. 98-369, Sec. 2661(o)(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).
    1983--Pub. L. 97-473 successively renumbered sections 130 and 131 of 
this title as this section.
    1981--Pub. L. 97-34 successively renumbered sections 128 and 129 of 
this title as this section.
    1980--Subsec. (a). Pub. L. 96-589 redesignated pars. (2) to (9) as 
(1) to (8), respectively. Former par. (1), relating to section 1079 of 
title 11 for adjustments of indebtedness under wage earners' plans, was 
struck out.
    Subsec. (a)(8). Pub. L. 96-222 substituted ``benefits which are not 
includible in gross income under section 85,'' for ``benefits, see''.
    1978--Pub. L. 95-600 successively renumbered sections 125, 126, and 
127 of this title as this section.
    Pub. L. 95-618 renumbered section 124 of this title as this section.
    1976--Subsec. (a). Pub. L. 94-455, Sec. 1901(a)(21), 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 
June 17, 1930, 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.
    Subsec. (b). Pub. L. 94-455, Sec. 1901(a)(21), struck out ``58 Stat. 
689;'' after ``Health Service Act''.
    1969--Pub. L. 91-172 renumbered section 123 of this title as this 
section.
    1966--Pub. L. 89-365 renumbered section 122 of this title as this 
section.
    1964--Pub. L. 88-272 renumbered section 121 of this title as this 
section.
    1958--Subsec. (a)(18). Pub. L. 85-857 substituted ``section 3101 of 
title 38, United States Code'' for ``section 1001 of the Veterans' 
Benefits Act of 1957''.
    1957--Subsec. (a)(18). Pub. L. 85-56 substituted provisions relating 
to benefits under laws administered by Veterans' Administration, for 
provisions which related to dependency and indemnity compensation.
    1956--Subsec. (a). Act Aug. 1, 1956, added par. (18) relating to 
dependency and indemnity compensation.

                         Change of Name

    Reference to Veterans' Administration deemed to refer to Department 
of Veterans Affairs pursuant to section 10 of Pub. L. 100-527, set out 
as a Department of Veterans Affairs Act note under section 301 of Title 
38, Veterans' Benefits.


                    Effective Date of 1984 Amendment

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


                    Effective Date of 1980 Amendments

    Amendment by Pub. L. 96-589 effective Oct. 1, 1979, but not to apply 
to proceedings under Title 11 commenced before Oct. 1, 1979, see section 
7 of Pub. L. 96-589, set out as a note under section 108 of this title.
    Amendment by Pub. L. 96-222 effective, except as otherwise provided, 
as if it had been included in the provisions of the Revenue Act of 1978, 
Pub. L. 95-600, to which such amendment relates, see section 201 of Pub. 
L. 96-222, set out as a note under section 32 of this title.


                    Effective Date of 1976 Amendment

    Amendment by Pub. L. 94-455 applicable with respect to taxable years 
beginning after Dec. 31, 1976, see section 1901(d) of Pub. L. 94-455, 
set out as a note under section 2 of this title.


                    Effective Date of 1958 Amendment

    Amendment by Pub. L. 85-857 effective Jan. 1, 1959, see section 2 of 
Pub. L. 85-857, set out as an Effective Date note preceding Part I of 
Title 38, Veterans' Benefits.
