Meaning PERSONAL EXEMPTION: Amount of money a taxpayer can exclude from personal income for each member of the household in calculation of a tax obligation
More terms such as Personal exemption in Dictionary P.
- Definition Passive Income Generator (PIG):
- Examples An investment that favors passive income, such as an income-oriented real estate limited partnership personal exemption definition.
- Definition Parity Value:
- Examples Related: Conversion value personal exemption explain.
- Definition Prime Rate Fund:
- Examples A mutual fund that buys portions of corporate loans from banks and pays the interest to shareholders personal exemption what is.
- Definition Price Discovery Process:
- Examples The process of determining the prices of assets in the marketplace through the interactions of buyers and sellers personal exemption meaning.
- Definition Plant:
- Examples The assets of a business including land, buildings, machinery, and all equipment permanently employed personal exemption abbreviation.