What FAIR MARKET VALUE (FMV) means: The amount at which property would change hands between a willing buyer and a willing seller, neither being under compulsion to buy or sell and both having reasonable knowledge of the relevant facts.
- Definition Flexible Spending Account:
- Dictionary A method of paying for benefits under a cafteria plan through salary reductions. Also see "Cafteria Plan." fair market value (fmv) definition.
- Definition Fiscal Year:
- Dictionary ending on the last day of any month except December, or a 52-53 week tax year, which is a year that ends on the same day of the week (for example, the last Thursday of the month or on the Thursday fair market value (fmv) explain.
- Definition FICA (Federal Insurance Contributions Act):
- Dictionary provides for social security and Medicare benefits. This program is financed by payroll taxes imposed equally on the employer and the employee. See our Social Securty Wages and Earnings Base for the fair market value (fmv) what is.
- Definition Foster Child:
- Dictionary child placed with the taxpayer by an authorized placement agency or by judgement, decree, or order of any of competent jurisdiction. Such a child is referred to as an "eligible foster child fair market value (fmv) meaning.
How works Fair Market Value (FMV meaning in Tax definitions F .
