What EXCLUSION means: An amount of income that is not included in gross income because the Tax Code excludes it. Examples, include gain from a qualified sale of a principal residence, income earned abroad, and gifts and inheritances.
- Definition Energy Tax Credit--Business Property:
- Dictionary An energy tax credit allowed for the purchase of certain business-use property utilizing solar, geothermal, or biomass energy. New provisions allow credits for certain coal and gasification projects exclusion definition.
- Definition Employer-Funded Retirement Plan:
- Dictionary A retirement plan funded in full or in part by employer contributions on behalf of employees exclusion explain.
- Definition Energy Tax Credit--Residential Property:
- Dictionary able to take a credit equal to the sum of: (1) 10% of the amount paid in 2006 for qualified energy efficiency improvements (for example, insulation, exterior windows, and exterior doors) installed exclusion what is.
- Definition Expenses Of Sale:
- Dictionary When paid by the seller, these expenses reduce the sale price of property. Examples are commissions to a broker or real estate agent, title search, title insurance, legal fees, and transfer taxes exclusion meaning.
How works Exclusion meaning in Tax definitions E .