Tax

Advance

A tax credit which is paid ahead of the tax year in which it is due or owed.

Examples include:

  • Child Tax Credit
  • Recovery Rebate Credit

 

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Commonly Searched:

FICA Tax

Advance

Above-the-Line Deduction

Adjusted Basis

Capital Gain

Generation Skipping Transfer (GST) Tax

Gift Tax

“Kiddie Tax”

“Nanny Tax”

SEP (Simplified Employee Pension)

SIMPLE (Savings Incentive Match Plan for Employees)

Points

FUTA Tax

 

See Also:

Preparing for Retirement

Property Taxes

 

 

 

 

 

 

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