West's Legal FormsThomson/West, 1981 - Business enterprises |
Contents
and retirement plans reference should be made respectively to | 8 |
Personal Exemption | 10 |
3 | 18 |
45 other sections not shown
Common terms and phrases
ACRS class actively participates adjusted gross income ADR midpoint allowed Alternative Minimum Tax apply assets beginning after December business meal capital gain capital losses carryforward Committee Report cost December 31 depreciation determined disallowed dividends EFFECTIVE DATE effective for taxable election employee achievement awards entertainment expenses Example exceeds excess exclusion expenditures fair market value home office income tax individual interest expense investment income investment interest itemized deductions lease Less losses and credits marriage penalty Married material participation nonpassive ordinary income passive activity passive income passive loss rule payments percent percentage personal exemption phase-in phase-out placed in service portfolio income prior law provision real estate activities real property rental activity rental real estate repealed Section shareholders skybox spouse standard deduction straight-line suspended losses tax liability tax rate taxable income taxable years beginning taxpayer trade or business treated Unearned Income zero bracket amount