allowable deductions
21return — re·turn 1 vt 1 a: to give (an official account or report) to a superior (as by a list or statement) return the names of all residents in the ward return a list of jurors b: to bring back (as a writ, verdict, or indictment) to an office or… …
22income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …
23income — The return in money from one s business, labor, or capital invested; gains, profits, salary, wages, etc. The gain derived from capital, from labor or effort, or both combined, including profit or gain through sale or conversion of capital. Income …
24return — I. verb Etymology: Middle English, from Anglo French returner, from re + turner, tourner to turn more at turn Date: 14th century intransitive verb 1. a. to go back or come back again < return home > b. to go back in thought, practice, or… …
25Monks Risborough — Coordinates: 51°44′04″N 0°49′47″W / 51.734462°N 0.829831°W / 51.734462; 0.829831 …
26Income tax in Australia — Broadly, Australia levies tax on three sources of income for individual taxpayers: personal earnings (for example, salary and wages), business income, and capital gains. Income received by individuals is taxed at progressive rates. Income derived …
27Tax protester 861 argument — The 861 argument is a statutory argument used by tax protesters in the United States, which interprets a portion of the tax code as invalidating certain applications of income tax. The argument has uniformly been held by courts to be incorrect,… …
28adjusted gross income — (in U.S. income tax returns) the total of an individual s wages, salaries, interest, dividends, etc., minus allowable deductions. Abbr.: AGI * * * …
29net operating losses — (NOLs) USA The excess of allowable deductions over gross income in a specific taxable year. A loss from operating a business is the most common reason for a NOL. NOLs can generally be carried back two years and carried forward up to 20 years to… …
30NOLs — net operating losses (NOLs) USA The excess of allowable deductions over gross income in a specific taxable year. A loss from operating a business is the most common reason for a NOL. NOLs can generally be carried back two years and carried… …
