What PERSONAL EXPENSES means: Expenses of an individual other than those for business or investment purposes. Personal expenses are not deductible unless specifically allowed under the tax law. Two examples of deductible personal expenses are medical expenses and personal property tax paid on personal-use property.
- Definition Proprietorship:
- Dictionary An unincorporated business owned by one person. The business owner may have employees working for him or her personal expenses definition.
- Definition Pension/Annuity Starting Date:
- Dictionary The first day of the first period for which an amount is due as a pension/annuity payment under the contract personal expenses explain.
- Definition Production Taxes:
- Dictionary Taxes levied by state governments on the value or quantity of production or extraction of natural resources personal expenses what is.
- Definition Penalty For Underpayment Of Estimated Tax:
- Dictionary generally will be subject to this penalty if the tax is $1,000 or more and the taxpayer did not prepay on a timely basis at least the smaller of (1) 90% of the current year tax, or (2) 100% of the personal expenses meaning.
How works Personal Expenses meaning in Tax definitions P .
