What CHILD means: For tax purposes, the term child includes the taxpayer's son, duaghter, stepchild, eligible foster child, or a descedant of any of them, or an adopted child. It also includes the taxpayer's brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.
- Definition Capital Improvement:
- Dictionary to extend the useful life of a property or add to its value. Major repairs such as the replacement of a roof are capital improvements. The costs of capital improvements to business property must be child definition.
- Definition Contract Price:
- Dictionary installment sale, one of the amounts used to compute the percentage of each principal payment that is taxable as gain. The contract is equal to the gross selling price when no mortgages are assumed child explain.
- Definition Charitable Contributions:
- Dictionary Money or property donated to a qualified charitable organization. Such donations are deductible, subject to income limits, on Schedule A as itemized deductions child what is.
- Definition Convertible:
- Dictionary A bond or preferred stock that may, under specified conditions, be exchanged for common stock or another security, usually of the same corporation child meaning.
How works Child meaning in Tax definitions C .
