What SEP means: See Simplified Employee Pension.
- Definition State And Local Income Tax Withheld:
- Dictionary The amounts withheld from income and submitted to the state or local tax division as an advance payment of the taxpayer's state or local income tax sep definition.
- Definition Separate Maintenance Payments:
- Dictionary Amounts paid to one spouse by the other spouse under a court order or agreement while they live apart sep explain.
- Definition Support:
- Dictionary provided on behalf of an individual. Support includes food, lodging, and other necessities as well as recreation and other nonessential expenditures. Support is not limited to necessities and can be sep what is.
- Definition Section 1231 Gain Or Loss:
- Dictionary A net section 1231 gain is treated as long-term capital gain and a net section 1231 loss is treated as an ordinary (fully deductible) loss sep meaning.
How works SEP meaning in Tax definitions S .
