What NONTAXABLE EARNED INCOME means: Income a taxpayer receives for services that is excludable from gross income. Examples include military housing allowances, ministers' housing allowances, and excludable combat pay.
- Definition Nonrefundable Credit:
- Dictionary A credit that cannot exceed the taxpayer's tax liability nontaxable earned income definition.
- Definition Necessary:
- Dictionary An expense that is appropriate and helpful in furthering the taxpayer's business or income-producing activity. See also Ordinary defined elsewhere in this glossary nontaxable earned income explain.
- Definition Nonbusiness Bad Debts:
- Dictionary incurred in connection with a creditor's trade or business. A nonbusiness bad debt is deductible as a short-term capital loss and is allowed only in the year the debt becomes entirely worthless nontaxable earned income what is.
- Definition Nonrecourse Debt:
- Dictionary Nonrecourse debt is debt for which the borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other property of the borrower nontaxable earned income meaning.
How works Nontaxable Earned Income meaning in Tax definitions N .
