What SECTION 1250 means: When real property is sold, gain must be recaptured as ordinary income to the extent of the depreciation claimed in excess of straight line. Section 1250 is the section of the Internal Revenue Code that requires this treatment. Also see "Recapture of Depreciation.".
- Definition Stock In Trade:
- Dictionary Property held primarily for sale to customers in the ordinary course of business section 1250 definition.
- 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 section 1250 explain.
- Definition Straddle:
- Dictionary set of offsetting positions on personal property. One example, is a put and call option on the same number of shares of a particular security, with the same exercise price and expiration date section 1250 what is.
- Definition Spousal IRA:
- Dictionary taxpayer whose spouse has little or no compensation for the benefit of that spouse. The designation "spousal" is significant for tax purposes only. There is no connection between a Spousal section 1250 meaning.
How works Section 1250 meaning in Tax definitions S .
