What TAXABLE INCOME means: Taxable income is equal to adjusted gross income reduced by itemized deductions or the standard deduction, and by allowable personal and dependent exemptions.
- Definition Tangible Personal Property:
- Dictionary Property, other than real property, that has a physical existence and an intrinsic value. Examples are livestock, machinery, equipment, and vehicles taxable income definition.
- Definition Tax Liability:
- Dictionary The amount of total tax due the IRS after any credits and before taking into account any advance payments (withholding, estimated payments, etc.) made by the taxpayer taxable income explain.
- Definition Temporary Assignment:
- Dictionary A work assignment is considered to be temporary if, at the time the assignment begins, it can be expected to last one year or less taxable income what is.
- Definition Trade-In Allowance:
- Dictionary The amount by which the seller reduces the sale price of a property in return for the property of the buyer. This does not affect the buyer's basis in the property purchased taxable income meaning.
How works Taxable Income meaning in Tax definitions T .
