What ANNUITY means: An amount payable to a person at specified intervals for a specific period of time or for life. The amouont may be fixed or variable. Payments represent a partial return of capital and a return on the capital investment.
- Definition Audit:
- Dictionary and verification of a taxpayer's return or other transactions with tax consequences. An office audit is an audit by the IRS that is conducted in the agent's office. A field audit is annuity definition.
- Definition Accounting Method:
- Dictionary The method under which income and expenses are determined for tax purposes. Major accounting methods are the cash method and the accrual method annuity explain.
- Definition Acquisition Debt:
- Dictionary Debt incurred to acquire, construct, or improve the taxpayer's principal or secondary residence annuity what is.
- Definition Accelerated Depreciation:
- Dictionary depreciation that yield larger deductions in the earlier years of the life of an asset than does the straight-line method. The double (or 200 percent) declining balance method is an example of an annuity meaning.
How works Annuity meaning in Tax definitions A .
