What HOLDING PERIOD means: The period of time property has been owned for income tax purposes. The holding period determines if gain or loss from the sale or exchange of a capital asset is long or short term.
- Definition Hope Scholarship Credit:
- Dictionary credit of up to $1,500 per qualified student for tuition and fees paid for the first two years of post-secondary education. Students attending school in the Gulf Opportunity Zone may qualify for a holding period definition.
- Definition Hobby Loss:
- Dictionary A nondeductible loss arising from a personal hobby as contrasted with a loss arising from an activity engaged in for profit holding period explain.
- Definition Household Employee:
- Dictionary An individual who performs nonbusiness services for the taxpayer in or around the taxpayer's home. Such services include child and dependent care, house cleaning, cooking, and yard work holding period what is.
- Definition Husband And Wife:
- Dictionary among other things, entitles a couple to file a joint income tax return. For the purpose of joint returns, common-law marriages are recognized only if the state in which the two persons reside holding period meaning.
How works Holding Period meaning in Tax definitions H .
