What SECTION 1231 GAIN OR LOSS means: 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.
- Definition SEP:
- Dictionary See Simplified Employee Pension section 1231 gain or loss definition.
- Definition Single:
- Dictionary The filing status used by an unmarried taxpayer who does not qualify for any other filing status section 1231 gain or loss explain.
- Definition Service Business:
- Dictionary A business in which income is produced chiefly by personal services rendered section 1231 gain or loss what is.
- Definition Schedules:
- Dictionary Official IRS forms used to report various types of income, deductions, and/or credits section 1231 gain or loss meaning.
How works Section 1231 Gain or Loss meaning in Tax definitions S .