What DEPENDENT means: An individual who qualifies to be claimed as a dependent exemption on another person's income tax return.
- Definition Depreciation:
- Dictionary deduction for the reasonable allowance for the wear and tear of assets with a life of more than one year, including real estate but not inventory, used in a trade or business or held for the dependent definition.
- Definition Deferred Gain:
- Dictionary The part of realized gain on an exchange of property that is not currently taxed. The gain generally is taxed at the time the property acquired in the exchqnge is sold dependent 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 dependent what is.
- Definition Declining Balance Method Of Depreciation:
- Dictionary method of depreciation under which the depreciable basis for the following year is reduced by the depreciation deduction taken in the current year. The depreciation decution therefore decreases each dependent meaning.
How works Dependent meaning in Tax definitions D .
