What ACCELERATED DEPRECIATION means: Various methods of depreciation that yield larger deductions in the earlier years of the life of an asset than does the straight-line method. The double (or 200 percent) declining balance method is an example of an accelerated depreciation method.
- Definition Additional Child Tax Credit:
- Dictionary available to taxpayers with three or more children qualifying for the child tax credit or whose earned income exceeds a specified amount and whose regular child tax credit exceeds tax liability accelerated depreciation definition.
- Definition Annuity:
- Dictionary to a person at specified intervals for a specific period of time or for life. The amouont may be fixed or variable. Payments represent a partial return of capital and a return on the capital accelerated depreciation explain.
- Definition Adjusted Basis:
- Dictionary original basis of property reduced by adjustments such as depreciation allowed or allowable and casualty losses, and increased by the cost of capital improvements, expenses of purchase, and other accelerated depreciation what is.
- Definition Away From Home Overnight:
- Dictionary For purposes of deducting travel expenses, a trip away from one's tax home for a period longer than an ordinary work day, during which time one is released from duty to obtain rest accelerated depreciation meaning.
How works Accelerated Depreciation meaning in Tax definitions A .
