What ADVANCE EARNED INCOME CREDIT means: Payment by an employer based on an employee's claim to entitlement to the earned income credit. Advance earned income credit payments are treated as additional taxes on the tax return.
- Definition Away From Home Overnight:
- Dictionary For purposes of deducting travel expenses, a trip away from one's tax home for a period longer than an ordinary work day, during which time one is released from duty to obtain rest advance earned income credit definition.
- Definition Adjustment To Income:
- Dictionary An expense that may be deducted even if the taxpayer does not itemize deductions. Adjustments to income are subtracted from gross income to arrive at adjusted gross income advance earned income credit explain.
- Definition Amount Realized:
- Dictionary by a taxpayer on the sale or exchange of property. The amount received is the sum of the cash and the fair market value of any property or services plus any of the seller's liabilities assumed advance earned income credit what is.
- Definition Alimony Payments:
- Dictionary one spouse to the other spouse or former spouse under a separation or divorce agreement. Qualified alimony and separate maintenance payments are includible in the gross income of the recipient and advance earned income credit meaning.
How works Advance Earned Income Credit meaning in Tax definitions A .
