What NONTAXABLE DISTRIBUTIONS means: A general term applied to stock dividend distributions that are not taxable. These distributions generally take the form of return of capital, stock dividends, stock splits, and/or tax-free distributions.
- Definition Necessary:
- Dictionary An expense that is appropriate and helpful in furthering the taxpayer's business or income-producing activity. See also Ordinary defined elsewhere in this glossary nontaxable distributions definition.
- Definition Net Operating Loss (NOL):
- Dictionary loss for the year attributable to business or casualty losses. Depending on the nature of the loss, it may be carried back for two, three, or five years before the year of the loss. The loss is nontaxable distributions explain.
- Definition Nonrefundable Credit:
- Dictionary A credit that cannot exceed the taxpayer's tax liability nontaxable distributions what is.
- Definition Nonrecourse Debt:
- Dictionary Nonrecourse debt is debt for which the borrower is not personally liable. If the borrower defaults, the lender can take the property used to secure the loan, but no other property of the borrower nontaxable distributions meaning.
How works Nontaxable Distributions meaning in Tax definitions N .
