What GENERAL STRAIGHT-LINE DEPRECIATION SYSTEM means: A MACRS system of depreciation using the straight-line method over the normal MACRS recovery period for the asset.
- Definition Gift Tax:
- Dictionary A graduated federal tax paid by donors on the value of gifts exceeding a specified amount, which is indexed for inflation. For the current amount, see IRS Publication 950 or Form 709 general straight-line depreciation system.
- Definition Gross Rents:
- Dictionary Total income from rents before expenses or the depreciation or cost recovery deduction general straight-line depreciation system.
- Definition General Rule:
- Dictionary The method of determining the taxable part of a pension used when the taxpayer is not eligible to use the simplified method general straight-line depreciation system.
- Definition Gross Income:
- Dictionary Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law general straight-line depreciation system.
How works General Straight-Line meaning in Tah definition G .