Tax definitions N
- What is means Necessary Definition helpful in furthering the taxpayer's business or income-producing activity. See also Ordinary defined elsewhere in this glossary compare definition
- What is means Negligence Explain caution as would be expected of a prudent person. A penalty may be assessed if any part of an underpayment of tax is due to negligent or why definition
- What is means Parent Noncustodial What is who does not have physical custody of the child or who has custody of the child for the samller part of the year how better definition
- What is means Exchange Nontaxable Meaning recognized in the current year. The realized gain generally is recognized when the property acquired in the exchange is sold when definition
- What is means Net Operating Loss (NOL) Abbreviation attributable to business or casualty losses. Depending on the nature of the loss, it may be carried back for two, three, or five years determines definition
- What is means Income Nontaxable How to Income that is by law exempt from tax comparing to definition
- What is means Distributions Nontaxable Help dividend distributions that are not taxable. These distributions generally take the form of return of capital, stock dividends, stock depends on definition
- What is means Income Earned Nontaxable Crossword that is excludable from gross income. Examples include military housing allowances, ministers' housing allowances, and excludable which definition
- What is means Alien Nonresident Examples does not live in the United States, or lives in the United States and does not have a green card or does not meet the substantial presence difference definition
- What is means Debt Nonrecourse Encyclopedia borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other when definition
- What is means Credit Nonrefundable Information about A credit that cannot exceed the taxpayer's tax liability pros and cons definition
- What is means Debts Bad Nonbusiness Tutorial connection with a creditor's trade or business. A nonbusiness bad debt is deductible as a short-term capital loss and is allowed only similarities definition
Tax explained and meaning
What does it do? Descriptio of tax definitions.
Define Nonbusiness Bad Debts definition Nonrefundable Credit explain Nonrecourse Debt what is Nonresident Alien meaning Nontaxable Earned Income abbreviation. definition.
Explain Necessary definition Negligence explain Noncustodial Parent what is what.