What QUALIFIED PENSION OR PROFIT-SHARING PLAN means: An employer-sponsored plan that meets the requirements of IRS Code section 401. If these requirements are met, none of the employer's contributions to the plan are taxed to the employee until distributed to him. The employer is allowed a deduction in the year the contributions are made.
- Definition Qualified Charitable Organization:
- Dictionary an association or nonprofit corporation, designed to provide some form of public charity or service and specifically approved by the U.S. Treasury as a recipient of deductible charitable qualified pension or profit-sharing plan definition.
- Definition Qualifying Child For The Earned Income Credit:
- Dictionary EIC, a qualifying child must be your son, daughter, stepchild, adopted child, grandchild, or eligible foster child, or a descendant of any of them, or brother, sister, half brother, half sister qualified pension or profit-sharing plan explain.
- Definition Qualifying Widow(Er):
- Dictionary available to a qualified taxpayer for two tax years following the year of the spouse's death. To qualify, the surviving spouse must have been entitled to file a joint return for the year of qualified pension or profit-sharing plan what is.
How works Qualified Pension or Profit meaning in Tax definitions Q .
