adjusted gross estate

  • 1adjusted gross estate — The gross estate less I.R.C. No.No. 2053 and 2054 expenses equals the adjusted gross estate. Generally, I.R.C. No.No. 2053 and 2054 expenses include administration expenses, debts of the decedent, and losses incurred during the settlement of the… …

    Black's law dictionary

  • 2adjusted gross estate — The gross estate less I.R.C. No.No. 2053 and 2054 expenses equals the adjusted gross estate. Generally, I.R.C. No.No. 2053 and 2054 expenses include administration expenses, debts of the decedent, and losses incurred during the settlement of the… …

    Black's law dictionary

  • 3Adjusted Gross Estate — The net worth of the deceased s estate after deducting the cost of any outstanding debts and admistrative costs associated with the individual. The adjusted gross estate is also the value in which estate taxes are levied upon. For example, assets …

    Investment dictionary

  • 4gross estate — Income subject to federal income The property owned by a decedent that will be subject to the Federal estate It can be distinguished from the probate estate which is property actually subject to administration by the administrator or executor of… …

    Black's law dictionary

  • 5gross estate — Income subject to federal income The property owned by a decedent that will be subject to the Federal estate It can be distinguished from the probate estate which is property actually subject to administration by the administrator or executor of… …

    Black's law dictionary

  • 6Adjusted gross income — Part of a series on Taxation Taxation in the United States …

    Wikipedia

  • 7gross — 1 / grōs/ adj [Middle English, immediately obvious, from Middle French gros thick, coarse, from Latin grossus] 1: flagrant or extreme esp. in badness or offensiveness: of very blameworthy character a gross violation of the rules of ethics a gross …

    Law dictionary

  • 8Estate tax in the United States — This article is about Estate tax in the United States. For other countries, see Inheritance tax. Part of a series on Taxation Taxation in the United States …

    Wikipedia

  • 9Gross domestic product — GDP redirects here. For other uses, see GDP (disambiguation). Not to be confused with Gross national product or Gross domestic income. CIA World Factbook 2005 figures of total nominal GDP (top) compared to PPP adjusted GDP (bottom) …

    Wikipedia

  • 10Rental Real Estate Loss Allowance — A federal tax deduction of up to $25,000 that is available to non real estate professionals who own at least a 10% interest in a rental property that they actively manage and that operates at a loss during a particular tax year. Under the tax… …

    Investment dictionary