What PERSONAL PROPERTY TAX means: An annual tax imposed on certain personal property, such as cars or boats, and based on the value of the property.
- 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 personal property tax definition.
- Definition Partnership:
- Dictionary in which two or more persons join their money and skills in conducting the business. Partnerships must file a return but are not subject to tax. Each partner reports his or her share of the personal property tax explain.
- 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 property tax 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 property tax meaning.
How works Personal Property Tax meaning in Tax definitions P .