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 Distributions Nontaxable Explain dividend distributions that are not taxable. These distributions generally take the form of return of capital, stock dividends, stock why definition
- What is means Income Nontaxable What is Income that is by law exempt from tax how better definition
- What is means Debt Nonrecourse Meaning 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 Parent Noncustodial Abbreviation who does not have physical custody of the child or who has custody of the child for the samller part of the year determines definition
- What is means Alien Nonresident How to 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 comparing to definition
- What is means Negligence Help 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 depends on definition
- What is means Debts Bad Nonbusiness Crossword connection with a creditor's trade or business. A nonbusiness bad debt is deductible as a short-term capital loss and is allowed only which definition
- What is means Net Operating Loss (NOL) Examples attributable to business or casualty losses. Depending on the nature of the loss, it may be carried back for two, three, or five years difference definition
- What is means Exchange Nontaxable Encyclopedia 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 Income Earned Nontaxable Information about that is excludable from gross income. Examples include military housing allowances, ministers' housing allowances, and excludable pros and cons definition
- What is means Credit Nonrefundable Tutorial A credit that cannot exceed the taxpayer's tax liability similarities definition
Tax explained and meaning
What does it do? Descriptio of tax definitions.
Define Nonrefundable Credit definition Nontaxable Earned Income explain Nontaxable Exchange what is Net Operating Loss (NOL) meaning Nonbusiness Bad Debts. definition.
Explain Necessary definition Nontaxable Distributions explain Nontaxable what.