What SEP means: See Simplified Employee Pension.
- Definition Student Loan Interest Deduction:
- Dictionary income for interest paid during the year on qualified higher-education loans. The deduction may be limited if income exceeds a specified amount. See http://www.hrblock.com/taxes/tax_calculators/rate sep definition.
- Definition Single:
- Dictionary The filing status used by an unmarried taxpayer who does not qualify for any other filing status sep explain.
- Definition Standard Deduction:
- Dictionary by the tax law in lieu of itemized deductions. A taxpayer whose gross income is not more than the sum of the standard deduction and exemptions generally does not have to pay tax. See our Standard sep what is.
- Definition Standard Mileage Rate:
- Dictionary chooses not to deduct actual vehicle expenses for business use, for medical or charitable use, or for moving expenses may deduct a fixed rate for each mile of qualified use. See our Standard Mileage sep meaning.
How works SEP meaning in Tax definitions S .
