interest deductions

См. также в других словарях:

• Interest Deduction — A deduction for taxpayers who pay certain types of interest. Interest deductions reduce the amount of income subject to tax. The two main types of interest deductions are for home mortgage and home equity loan interest, and margin account… …   Investment dictionary

• deductions at source — A method of tax collection in which a person paying income to another deducts the tax on the income and is responsible for paying it to the authorities. Tax authorities have found that, in general, it is easier to collect tax from the payer… …   Accounting dictionary

• deductions at source — A method of tax collection in which a person paying income to another deducts the tax on the income and is responsible for paying it to the authorities. Tax authorities have found that, in general, it is easier to collect tax from the payer… …   Big dictionary of business and management

• Home mortgage interest deduction — Taxation An aspect of fiscal policy …   Wikipedia

• Qualified residence interest — is the most significant exception to the limitations imposed by § 163(h)of the Internal Revenue Code. [Donaldson, Samuel A. Federal Income Taxation of Individuals: Cases, Problems and Materials, 554(2nd Ed. 2007)] Interest Deduction GenerallySec …   Wikipedia

• Gross Interest — The annual rate of interest to be paid on an investment, security or deposit account before taxes or other charges are deducted. Gross interest is the interest bondholders receive from their investment, which will be subject to further taxes.… …   Investment dictionary

• Mortgage Interest Deduction — A common itemized deduction that allows homeowners to deduct the interest they pay on any loan used to build, purchase or make improvements upon their residence. The mortgage interest deduction can also be taken on loans for second homes and… …   Investment dictionary

• capitalized interest — 1) Interest on a loan that is added to the principal balance. For example, interest may accrue on a student loan while the debtor is in school, which is then added to the principal on the loan. This results in the debtor having to pay interest on …   Law dictionary

• Mortgage Interest — The interest charged on a loan used to purchase a residence. Mortgage interest is charged for both primary and secondary loans, home equity loans, lines of credit, and as long as the residence is used to secure the loan. Mortgage interest is… …   Investment dictionary

• Public Interest Watch — (PIW) was established in September 2003 by Mike Hardiman. The PIW website states that the group was created in response to the growing misuse of charitable funds by nonprofit organizations and the lack of effort by government agencies to deal… …   Wikipedia

• itemized deductions — Expenses allowed by the tax code to be subtracted from income, such as medical expenses, mortgage interest, and charitable expenses. Category: Personal Finance & Retirement → Taxes Nolo’s Plain English Law Dictionary. Gerald N. Hill, Kathleen… …   Law dictionary