What HOLDING PERIOD means: The period of time property has been owned for income tax purposes. The holding period determines if gain or loss from the sale or exchange of a capital asset is long or short term.
- Definition Husband And Wife:
- Dictionary among other things, entitles a couple to file a joint income tax return. For the purpose of joint returns, common-law marriages are recognized only if the state in which the two persons reside holding period definition.
- Definition Household Expenses:
- Dictionary than a qualifying child is a dependent if the person who wants to claim the dependent provides over half the support and meets other tests. The dependent's share of household expenses for the holding period explain.
- Definition Household Employee:
- Dictionary An individual who performs nonbusiness services for the taxpayer in or around the taxpayer's home. Such services include child and dependent care, house cleaning, cooking, and yard work holding period what is.
- Definition Head Of Household:
- Dictionary used by an unmarried taxpayer (or taxapyer who is considered unmarried) who pays over half the cost of maintaining his home that is the principal residence for over half the tax year of his holding period meaning.
How works Holding Period meaning in Tax definitions H .
