What PERMANENT AND TOTAL DISABILITY means: A disability that prevents an individual from engaging in any substantial gainful activity because of a medically determined physical or mental impairment that is expected to result in death, or that has lasted or is expected to last for a continuous period of not less than 12 months.
- 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 permanent and total disability 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 permanent and total disability 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 permanent and total disability what is.
- Definition Prepaid Expenses:
- Dictionary are expenses that are paid in advance. Cash-basis as well as accrual-basis taxpayers usually are required to capitalize prepayments for rent, insurance, etc. that cover more than one year. Deductions permanent and total disability meaning.
How works Permanent and Total Disability meaning in Tax definitions P .
