1031 exchange
For tax purposes, a 1031 exchange is a real estate more... http://www.investorglossary.com/1031-exchange.htm
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1035 exchange
1035 exchange refers to the provision of the US tax more... http://www.investorglossary.com/1035-exchange.htm
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1040 Form
The 1040 form is the Internal Revenue Service form that more... http://www.investorglossary.com/1040-form.htm
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1040A Form
The 1040A form is a shorter and more simple version more... http://www.investorglossary.com/1040a-form.htm
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1040EZ Form
The 1040EZ form is the easiest (hence the name) of more... http://www.investorglossary.com/1040ez-form.htm
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1040PC Form
Introduced by in 1993, the IRS designed 1040PC form to more... http://www.investorglossary.com/1040pc-form.htm
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Adjusted Gross Income
Adjusted gross income is the amount of income used on more... http://www.investorglossary.com/adjusted-gross-income.htm
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Alternative Minimum Tax
The US Congress introduced alternative minimum tax (AMT) in 1970 more... http://www.investorglossary.com/alternative-minimum-tax.htm
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amended return
An amended return is a tax return filed to correct more... http://www.investorglossary.com/amended-return.htm
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American Association of Individual Investors
American Association of Individual Investors (AAII) is a Chicago-based, investor more... http://www.investorglossary.com/american-association-of-individual-investors.htm
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average price per share
The average price per share is determined by dividing the more... http://www.investorglossary.com/average-price-per-share.htm
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back taxes
Back taxes are taxes owed for years prior to the more... http://www.investorglossary.com/back-taxes.htm
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before-tax income
Before-tax income, also known as pretax income, is the amount more... http://www.investorglossary.com/before-tax-income.htm
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capital gain
A capital gain is an increase in the value of more... http://www.investorglossary.com/capital-gain.htm
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capital gains tax
Capital gains are subject to capital gains tax. A capital more... http://www.investorglossary.com/capital-gains-tax.htm
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child and dependent care credit
The child and dependent care credit is a federal income more... http://www.investorglossary.com/child-and-dependent-care-credit.htm
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cost basis
Cost basis reflects the true cost of purchasing a financial more... http://www.investorglossary.com/cost-basis.htm
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Coverdell Education Savings Account
Formerly called the education IRA, the Coverdell education savings account more... http://www.investorglossary.com/coverdell-education-savings-account.htm
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deferred tax
Deferred tax represents a company's liability for taxes owed that more... http://www.investorglossary.com/deferred-tax.htm
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dependent
The term dependent generally describes a person who is financially more... http://www.investorglossary.com/dependent.htm
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direct deposit
Direct deposit is a program in which a payment is more... http://www.investorglossary.com/direct-deposit.htm
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disposable income
Disposable income is money that can be spent, saved, invested more... http://www.investorglossary.com/disposable-income.htm
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dividend
A dividend is a payment by a corporation to its more... http://www.investorglossary.com/dividend.htm
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double taxation
Double taxation occurs when a government taxes the same income more... http://www.investorglossary.com/double-taxation.htm
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duty
In international trade, a customs duty, or tariff, is a more... http://www.investorglossary.com/duty.htm
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early withdrawal penalty
An early withdrawal penalty is a fine levied on funds more... http://www.investorglossary.com/early-withdrawal-penalty.htm
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earned income tax credit
The earned income tax credit (EITC) is a tax refund more... http://www.investorglossary.com/earned-income-tax-credit.htm
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effective tax rate
The effective tax rate for an individual is usually the more... http://www.investorglossary.com/effective-tax-rate.htm
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Employee Stock Ownership Plan
Employee stock ownership plan (ESOP), also known as stock purchase more... http://www.investorglossary.com/employee-stock-ownership-plan.htm
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enterprise zone
Enterprise zone is a specially designated area within which businesses more... http://www.investorglossary.com/enterprise-zone.htm
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escrow
In contract law, escrow is a legal arrangement whereby an more... http://www.investorglossary.com/escrow.htm
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estate tax
The estate tax is simply a tax on assets charged more... http://www.investorglossary.com/estate-tax.htm
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estimated tax
Estimated tax is tax that a self-employed individual or a more... http://www.investorglossary.com/estimated-tax.htm
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flat tax
A flat tax system has a fixed tax rate regardless more... http://www.investorglossary.com/flat-tax.htm
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gift tax
The gift tax is a US tax levied on gifts more... http://www.investorglossary.com/gift-tax.htm
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in escrow
An item of value is in escrow when that item more... http://www.investorglossary.com/in-escrow.htm
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income tax
Income tax is tax levied against personal income or a more... http://www.investorglossary.com/income-tax.htm
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individual tax return
An individual tax return is a tax return filed by more... http://www.investorglossary.com/individual-tax-return.htm
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inheritance tax
The inheritance tax is tax imposed on the heirs of more... http://www.investorglossary.com/inheritance-tax.htm
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interest deduction
An interest deduction is any deduction of interest payments that more... http://www.investorglossary.com/interest-deduction.htm
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Internal Revenue Service
The Internal Revenue Service is the branch of the US more... http://www.investorglossary.com/internal-revenue-service.htm
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IRA
An IRA - Individual Retirement Account - is a tax-sheltered more... http://www.investorglossary.com/ira.htm
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IRA rollover
An IRA rollover is a lump-sum distribution deposited from an more... http://www.investorglossary.com/ira-rollover.htm
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itemized deduction
An itemized deduction is a deduction listed separately against a more... http://www.investorglossary.com/itemized-deduction.htm
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joint tax return
A joint tax return is one tax return filed by more... http://www.investorglossary.com/joint-tax-return.htm
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Limited Liability Company
A limited liability company (LLC) is a corporate arrangement that more... http://www.investorglossary.com/limited-liability-company.htm
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luxury tax
A luxury tax is a tax on luxury goods. The more... http://www.investorglossary.com/luxury-tax.htm
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married filing jointly
Married filing jointly is the tax filing term for a more... http://www.investorglossary.com/married-filing-jointly.htm
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married filing separately
Married filing separately is a tax filing status under which more... http://www.investorglossary.com/married-filing-separately.htm
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mortgage interest deduction
In US federal taxation, the mortgage interest deduction is a more... http://www.investorglossary.com/mortgage-interest-deduction.htm
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personal exemption
The personal exemption is a dollar amount excluded from taxable more... http://www.investorglossary.com/personal-exemption.htm
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phantom income
Phantom income is any income that is reportable as taxable more... http://www.investorglossary.com/phantom-income.htm
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progressive tax
A progressive tax levies higher taxes on those of greater more... http://www.investorglossary.com/progressive-tax.htm
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qualified retirement plan
A qualified retirement plan meets the requirements of the IRS more... http://www.investorglossary.com/qualified-retirement-plan.htm
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Roth IRA
A Roth IRA - Individual Retirement Account - is a more... http://www.investorglossary.com/roth-ira.htm
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unearned income
Unearned income is any income that comes from sources other more... http://www.investorglossary.com/unearned-income.htm
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Value Added Tax
A value added tax is sometimes referred to as VAT. more... http://www.investorglossary.com/value-added-tax.htm
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wash sale rule
The wash sale rule is an IRS rule that prohibits more... http://www.investorglossary.com/wash-sale-rule.htm
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withholding tax
A withholding tax is a tax automatically taken from income more... http://www.investorglossary.com/withholding-tax.htm
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