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