What SECTION (FOLLOWED BY A NUMBER) means: The section of the tax Code in which particular laws are given.
- 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 (followed by a number) definition.
- Definition Short-Term Gain Or Loss:
- Dictionary Gain or loss on the sale or exchange of a capital asset held one year or less section (followed by a number) explain.
- Definition Safe Harbor:
- Dictionary that allow a (usually) simpler method of determining a tax consequence than is available following the precise language of the Code or regulations. An example is the simplified method for determining section (followed by a number) what is.
- Definition Statements:
- Dictionary Explanations of various types of income, deductions, and/or credits reported on a schedule or directly on Form 1040. Statements may or may not be official IRS forms section (followed by a number) meaning.
How works Section (followed by a number meaning in Tax definitions S .
