Nontaxable IncomeExamples include:
Payments you received to help you pay your mortgage loan under the HFA Hardest Hit Fund or the Emergency Homeowners' Loan Program or similar state program.
Any Pay-for-Performance Success Payments that reduce the principal balance of your home mortgage under the Home Affordable Modification Pro-gram.
Life insurance proceeds received because of someone's death (other than from certain employer-owned life insur-ance contracts).
Gifts and bequests. However, if you received a gift or bequest from a foreign person of more than $16,076, you may have to report information about it on Form 3520, Part IV. See the Instructions for Form 3520.