Tag: TE

  • Tenancy By the Entirety

    Tenancy By the Entirety Tenancy By the Entirety means:a form of joint ownership for real estate that exists only between husband and wife with equal rights of possession and enjoyment during their joint lives and with the right of survivorship; that is, when one dies, the property goes […]

  • TeleTax

    Description and Definition of TeleTax An IRS phone number that you can call to hear recorded tax information or to check on your refund if you have not received it within three weeks. Resources See Also Further Reading TeleTax in the West's Tax Law Dictionary TeleTax in "A Dictionary […]

  • Testamentary Trust

    Testamentary Trust means:a trust created by a will, as distinguished from an inter vivos trust, which is created during the lifetime of the grantor. Description and Definition of Testamentary Trust A trust created by a will. Resources See Also Further Reading Testamentary Trust in the […]

  • Ten-year Averaging

    Ten-year Averaging Ten-year Averaging means:a method of calculating income tax on a lump-sum distribution from a qualified plan that reduces a beneficiary's tax liability on the distribution. It is available only to a participant who was age 50 years or older before January 1, 1986, […]

  • Terminally Ill

    Terminally Ill means:having the expectation of death within 12 months. See also other Tax Terms and Definitions in U.S.A. gift in contemplation of death. See Inheritance Tax and Inheritance Tax. Description and Definition of Terminally Ill A person not expected to live more than 12 […]

  • TeleFile

    Description and Definition of TeleFile Resources See Also Further Reading TeleFile in the West's Tax Law Dictionary TeleFile in "A Dictionary of Taxation"

  • Testimony

    Description and Definition of Testimony Evidence given by a competent witness under oath. Resources See Also Further Reading Testimony in the West's Tax Law Dictionary Testimony in "A Dictionary of Taxation"

  • Telephone

    Telephone Help Issue You may find information about Telephone Help in this Tax Platform of the American Encyclopedia of Law.

  • Tenants in Common

    Description and Definition of Tenants in Common Two or more persons who have undivided ownership rights in property. If one owner dies the other does not automatically take the entire estate. Whoever is designated in the decedent's will inherits the decedent's share of the property. […]

  • Technical Advice Memoranda

    Technical Advice Memoranda Overview A technical advice memorandum, or TAM, is guidance furnished by the Office of Chief Counsel upon the request of an IRS director or an area director, appeals, in response to technical or procedural questions that develop during a proceeding. A request for a TAM generally stems from an examination of a…