What RECAPTURE OF DEPRECIATION means: When depreciable property is sold, gain generally is taxed as ordinary income up to the amount of depreciation claimed (for personal property) and to the extent of the excess of accelerated depreciation claimed over straight-line depreciation that would have been allowed (real property). This ordinary income treatment is referred to as recapture.
- Definition Resident Alien:
- Dictionary A citizen of another country who lives in the United States and/or has resident status by law or visa, or passes the substantial presence test recapture of depreciation definition.
- Definition Real Property:
- Dictionary Also known as real estate, includes land, buildings, and their structural components recapture of depreciation explain.
- Definition Right:
- Dictionary The opportunity a corporation gives a shareholder to buy additional shares at a special price for a limited time. Shareholders who don't use their rights can sell them to other investors recapture of depreciation what is.
- Definition Rollover:
- Dictionary The tax-free transfer of an employer plan distribution to another employer plan or to a traditional IRA, or the tax-free transfer from one IRA to another or to an eligible employer plan recapture of depreciation meaning.
How works Recapture of Depreciation meaning in Tax definitions R .
