Allowable Deductions

См. также в других словарях:

• allowable — al‧low‧a‧ble [əˈlaʊəbl] adjective 1. acceptable according to the rules: • The government has cut by 35% this year s allowable catch of fish. 2. ACCOUNTING an allowable amount, cost, or expense does not need to be counted as part of income or… …   Financial and business terms

• allowable — [[t]əla͟ʊəb(ə)l[/t]] 1) ADJ If people decide that something is allowable, they let it happen without trying to stop it. It ought not to be allowable in law for any parent to remove a child from another parent without consent. Syn: permissible 2)… …   English dictionary

• allowable — al|low|a|ble [əˈlauəbəl] adj 1.) acceptable according to the rules = ↑permissible ▪ The maximum allowable dosage is two tablets a day. 2.) allowable costs are costs that you do not pay tax on ▪ allowable deductions such as alimony and business… …   Dictionary of contemporary English

• allowable — adjective 1 acceptable according to the rules: the maximum allowable dosage 2 allowable costs are costs that you do not pay tax on: allowable deductions such as alimony and business expenses …   Longman dictionary of contemporary English

• allowable — adjective Date: 15th century permissible < allowable income tax deductions > • allowably adverb …   New Collegiate Dictionary

• Charitable contribution deductions in the United States — Charitable contribution deductions for United States Federal Income Tax purposes are defined in section 170(c) of the Internal Revenue Code as contributions to or for the use of certain nonprofit enterprises. See 26 U.S.C. § 170(c).… …   Wikipedia

• Itemized deduction — Individual taxpayers in the United States are allowed a choice when preparing their Federal income tax returns. After computing their Adjusted gross income (AGI), taxpayers can itemize their deductions (from a list of allowable items) and… …   Wikipedia

• taxable income — n: income that is subject to taxation and is characterized by the accrual of some gain or benefit to the taxpayer; specif: the total amount of income remaining as the basis of taxation for a given period after all allowable deductions have been… …   Law dictionary

• adjusted gross income — n: an individual s gross income decreased by the amount of deductions allowed esp. for business expenses Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. adjusted gross income …   Law dictionary

• Alternative Minimum Tax — (AMT) is part of the Federal income tax system of the United States. There is an AMT for those who owe personal income tax, and another for corporations owing corporate income tax. Only the AMT for those owing personal income tax is described… …   Wikipedia

• Depreciation recapture — Part of a series on Taxation Taxation in the United States …   Wikipedia