What ENERGY TAX CREDIT--BUSINESS PROPERTY means: An energy tax credit allowed for the purchase of certain business-use property utilizing solar, geothermal, or biomass energy. New provisions allow credits for certain coal and gasification projects.
- Definition Expenses Of Sale:
- Dictionary When paid by the seller, these expenses reduce the sale price of property. Examples are commissions to a broker or real estate agent, title search, title insurance, legal fees, and transfer taxes energy tax credit--business property definition.
- Definition Earned Income:
- Dictionary income for services rendered as distinguished from income generated by property or other sources. Earned income includes amounts received as wages, tips, bonuses, other employee compensation, and energy tax credit--business property explain.
- Definition Exclusion:
- Dictionary that is not included in gross income because the Tax Code excludes it. Examples, include gain from a qualified sale of a principal residence, income earned abroad, and gifts and inheritances energy tax credit--business property what is.
- Definition Employee Stock Option:
- Dictionary An option granted to an employee to purchase the employer's stock. Employee stock options to which special income tax treatment is accorded are known as statutory options energy tax credit--business property meaning.
How works Energy Tax Credit--Business meaning in Tax definitions E .