What RECHARACTERIZATION means: Recharacterization is the process of changing the character of a traditional IRA contribution to a Roth IRA contribution or vice versa.
- Definition Refundable Credit:
- Dictionary A credit for which the IRS will send the taxpayer a refund for any amount in excess of the taxpayer's tax liability recharacterization definition.
- Definition Recovery Property:
- Dictionary Recovery property is a term used to describe property that is eligible to be depreciated under either ACRS or MACRS. See ACRS and MACRS recharacterization explain.
- Definition Reinvested Dividends:
- Dictionary Earnings that the shareholder has accepted as additional shares of stock rather than as cash. They are taxable in the year constructively received recharacterization what is.
- Definition Recognized Gain Or Loss:
- Dictionary The portion of realized gain or loss that is subject to income taxation recharacterization meaning.
How works Recharacterization meaning in Tax definitions R .
