What ACTIVE PARTICIPANT means: A taxpayer who is covered by an employer-maintained qualified retirement plan, or a qualified self-employed retirement plan, if even for only one day during the year.
- Definition Advance Earned Income Credit:
- Dictionary Payment by an employer based on an employee's claim to entitlement to the earned income credit. Advance earned income credit payments are treated as additional taxes on the tax return active participant definition.
- Definition Advance Payments:
- Dictionary Advance payments are prepayments for services or goods. They generally are includible in gross income upon receipt for both accrual- and cash-basis taxpayers active participant explain.
- 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 active participant what is.
- Definition Acquisition Debt:
- Dictionary Debt incurred to acquire, construct, or improve the taxpayer's principal or secondary residence active participant meaning.
How works Active Participant meaning in Tax definitions A .
