Category: F
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Federal Tax
Credit for Federal Tax Paid On Fuels, I.R.S Form 4136 Issue You may find information about Credit for Federal Tax Paid On Fuels, I.R.S Form 4136 in this Tax Platform of the American Encyclopedia of Law.
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Fair Market Value
About Fair Market Value: Fair Market Value (FMV) is the price at which an item would be sold at retail by a willing seller to a willing buyer. The price a willing buyer would pay a willing seller in a transaction on the open market. For stocks and bonds, this generally is the mean value…
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Form 1099-DIV
Description and Definition of Form 1099-DIV An annual tax statement that summarizes the dividends you received or that were reinvested for you. The main purpose of this form is to report the dividends you received, income tax withheld from dividends, and foreign taxes paid on dividends. […]
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Fuel Tax
Fuel Tax Credit Issue You may find information about Fuel Tax Credit in this Tax Platform of the American Encyclopedia of Law.
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Filing Status
About Filing Status: for tax purposes, a category that governs the form of return used by the taxpayer. Forms include the following: • Single Individual. • Married Persons Filing Jointly and Surviving Spouse. • Married Persons Filing Separately. • Head of Household. Former […]
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Federal/State Electronic Filing
Description and Definition of Federal/State Electronic Filing Some states "piggyback" on the IRS electronic filing system to collect tax returns for their states. Resources See Also Further Reading Federal/State Electronic Filing in the West's Tax Law Dictionary Federal/State […]
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Fringe Benefit
Description and Definition of Fringe Benefit Employee benefits such as health insurance, life insurance, pension plans, dental insurance, vision care, and group legal plans. Most fringe benefits are deductible by your employer and tax free to you. The cost of $50,000 of life insurance is a […]
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Flexible Spending Account
Flexible Spending Account means:a plan under which employees may make tax-free salary-reduction contributions to a medical or dependent care reimbursement plan, or for the purchase of group health insurance or life insurance coverage on a pretax basis. See also other Tax Terms and […]
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Farm
Farm means:a category that, for federal tax purposes, includes livestock, dairy, fish, poultry, fur- bearing animals, truck farms, orchards, plantations, ranches, nurseries, ranges, and structures such as greenhouses used primarily for the raising of agricultural or horticultural […]
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Form 1099-INT
Description and Definition of Form 1099-INT A statement that you receive from banks, savings institutions, and other payers of interest income that summarizes your interest income for the year. This form is also used to report other tax items, such as early withdrawal penalties, federal tax […]