What PARTLY TAXABLE PENSIONS means: Partly taxable pensions to which the employee made after-tax contributions. Once the employee recovers his cost, the pension becomes fully taxable.
- Definition Personal And Dependent Exemptions:
- Dictionary an exemption for each taxpayer and spouse (if a joint return is filed) who is not eligible to be claimed as a dependent on another taxpayer's return and for each dependent. The exemption amount partly taxable pensions definition.
- Definition Points:
- Dictionary fee (one-time charge paid for the use of money) that a buyer generally may deduct as interest. This amount can generally be deducted in full if paid for the purchase or improvement of a principal partly taxable pensions explain.
- Definition Principal Place Of Business:
- Dictionary where work is performed or business is transacted. Taxpayers who engage in more than one business can have more than one principal place of business. For purposes of the home-office deduction, a partly taxable pensions what is.
- Definition Principal Residence:
- Dictionary residence is generally the home in which a taxoayer lives most of the time. A taxpayer who sells a principal residence that he or she owned and lived in for at least two years in the five-year period partly taxable pensions meaning.
How works Partly Taxable Pensions meaning in Tax definitions P .
