What PHYSICAL CUSTODY means: The taxpayer with whom a child lives is considered to have physical custody.
- Definition Personal Property:
- Dictionary Generally, all property other than real estate physical custody definition.
- Definition Production Taxes:
- Dictionary Taxes levied by state governments on the value or quantity of production or extraction of natural resources physical custody explain.
- Definition Percentage Depletion:
- Dictionary percentage depletion is a specified percentage of the gross income from the property, subject to other limits. Percentage depletion is allowed for nearly all natural resources, except timber. See physical custody 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 physical custody meaning.
How works Physical Custody meaning in Tax definitions P .