What GROSS INCOME means: Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law.
- Definition General Depreciation System:
- Dictionary used method for computing MACRS depreciation. Personal property is depreciated using the declining-balance method (double or 150 percent, depending on the recovery class) switching to straight line gross income definition.
- Definition Gain:
- Dictionary The excess of the amount realized from a sale or exchange over the adjusted basis of the property sold or exchanged gross income explain.
- 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 gross income what is.
- Definition Golden Parachute:
- Dictionary An agreement entered into by a corporation with its top executives to make payments to the executives in the event of a change in corporate control. Such payments are treated as compensation gross income meaning.
How works Gross Income meaning in Tax definitions G .
