Tax definitions R
- What is means Ira Roth Definition introduced in 1998, are not deductible. Earnings grow tax free and qualified withdrawals are also tax free compare definition
- What is means Alien Resident Explain in the United States and/or has resident status by law or visa, or passes the substantial presence test why definition
- What is means Rollover What is plan distribution to another employer plan or to a traditional IRA, or the tax-free transfer from one IRA to another or to an eligible how better definition
- What is means Dividends Reinvested Meaning accepted as additional shares of stock rather than as cash. They are taxable in the year constructively received when definition
- What is means Royalty Abbreviation exploit a taxpayer's ownership of natural resources or a taxpayer's literary, musical, or artistic creation determines definition
- What is means Period Recovery How to The period of years over which the cost of business assets is written off under ACRS or MACRS comparing to definition
- What is means Recharacterization Help Recharacterization is the process of changing the character of a traditional IRA contribution to a Roth IRA contribution or vice versa depends on definition
- What is means Repairs Crossword business-use property in good operating condition that do not significantly add to the value of the property or extend its useful life which definition
- What is means Recapture Examples or excluded amount in gross income or tax liability. Recapture may be applicable to accelerated depreciation, cost recovery, amortization difference definition
- What is means Property Recovery Encyclopedia Recovery property is a term used to describe property that is eligible to be depreciated under either ACRS or MACRS. See ACRS and MACRS when definition
- What is means Credit Refundable Information about A credit for which the IRS will send the taxpayer a refund for any amount in excess of the taxpayer's tax liability pros and cons definition
- What is means Regulations Tutorial interpretation of the tax Code in the form of regulations. They do not have the force and effect of law except in those cases in which the similarities definition
- What is means Income Rental Error allowing another person's use of the taxpayer's property. Rental income includes advance rental payments, late payments, and how much definition
- What is means Interest Royalty Answer that entitles the holder to a specified fraction, in kind or in value, of the total production from the property, free of any expense of how many definition
- What is means Regular Method (Automobile Expenses) Means what taxpayer's vehicle based on actual cost of gas, oil, repairs, tires, washing, etc. plus a deduction for depreciation compare definition
- What is means Recovery Description expense paid in a previous year that is later refunded to the taxpayer. The recovered amount must usually be included in income in the why definition
- What is means Right Definition shareholder to buy additional shares at a special price for a limited time. Shareholders who don't use their rights can sell them to how better definition
- What is means Cost Of Recovery Explain received--usually a factor only in income from sales of items purchased for resale, income from sales of property, and income from pensions when definition
- What is means Depreciation Of Recapture What is generally is taxed as ordinary income up to the amount of depreciation claimed (for personal property) and to the extent of the excess of determines definition
- What is means Property Real Meaning Also known as real estate, includes land, buildings, and their structural components comparing to definition
- What is means Repossession Abbreviation Taking possession of property that was earlier sold on an installment contract because the buyer defaults on payment of the debt depends on definition
- What is means Realized Gain or Loss How to The difference between the amount received upon the sale or other disposition of property and the adjusted basis of the property which definition
- What is means Feature Refund Help annuitant and/or his or her survivors are guaranteed to receive an amount under the annuity at least eqaul to the amount paid for the difference definition
- What is means Recognized Gain or Loss Crossword The portion of realized gain or loss that is subject to income taxation when definition
- What is means Return of Capital Distribution Examples distribution that is not from the corporation's earnings and profits. The distribution is not taxable, but reduces the basis of the pros and cons definition
- What is means Railroad Retirement Tax Act Encyclopedia The law that provides for railroad retirement benefits similarities definition
- What is means Regulated Investment Company (Mutual Fund) Information about capital to invest in other companies. The two principal types are closed-end and open-end mutual funds. Shares in closed-end mutual funds how much definition
Tax explained and meaning
What does it do? Descriptio of tax definitions.
Define Regulated Investment Company (Mutual Fund) definition Railroad Retirement Tax Act explain Return of Capital Distribution what is Recognized Gain or Loss. definition.
Explain Roth IRA definition Resident Alien explain Rollover what is what.