What FAIR RENTAL VALUE means: The amount the owner of property could reasonably expect to receive from a stranger for the same type of lodging; generally, the amount at which a home with its furnishings could be rented to a similar size family in a similar location.
- Definition Finance Charges:
- Dictionary Amounts paid for the privilege of making purchases on a deferred-payment basis fair rental value definition.
- Definition Fair Market Value (FMV):
- Dictionary 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 fair rental value 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 rental value what is.
- Definition Full-Time Student:
- Dictionary full-time student if the dependent is enrolled in a school for the number of hours or courses considered by the school to be full-time during some part of at least 5 calendar months during the year fair rental value meaning.
How works Fair Rental Value meaning in Tax definitions F .