What DEALER means: A person or firm that regularly buys and sells property. A person is classified as a dealer if at the time of the sale, that person held the property primarily for sale to customers in the ordinary course of business. Gains from the sale of such property are ordinary gains not capital gains.
- Definition Defined Contribution Plan:
- Dictionary contribution plan is an employer-provided retirement plan under which a separate account is provided for each plan participant. Benefits depend on the amount contributed to the plan and the amoount dealer definition.
- Definition Dependent Exemption:
- Dictionary An exemption for an individual who qualifies as the taxpayer's dependent. See our Exemption Allowance rate table for the current amount dealer explain.
- Definition Depreciable Asset:
- Dictionary Tangible personal property or real property used in business or held for the production of income with a determinable useful life of more than one year dealer what is.
- Definition Disaster Area Loss:
- Dictionary sustained in an area designated as a disaster area by the President of the United States, the casualty is designated a disaster area loss. A disaster area loss may be treated as having occurred in dealer meaning.
How works Dealer meaning in Tax definitions D .