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Financial terms in "Tax"

1. Schedule D-1

2. Audit committee

3. recapture

4. Closing Statement

5. short tax year

6. 1099-S Form

7. VAT declaration

8. ERISA

9. Fiscal Policy

10. pre-tax rate of return

11. Jobs and Growth Tax Relief Reconciliation Act of 2003

12. Income Tax

13. negative carry

14. Heroes Earned Retirement Opportunities Act (HERO)

15. RMD

16. corporate tax

17. forward averaging

18. tax-qualified

19. field audit

20. Tax Court

21. pay as you earn

22. carryforward

23. zero-rating

24. IRD number

25. indirect tax

26. nominee distribution

27. taxation

28. 1120 Form Schedule UTP

29. subpart F

30. 90-day letter

31. married filing separately

32. tax identification number

33. tax attribute

34. revenue anticipation note

35. vesting

36. direct transfer

37. abatement

38. Consumption Tax

39. unaudited opinion

40. income tax lien

41. tax-free

42. Sales Tax

43. fixed and variable rate allowance (FAVR)

44. married taxpayer

45. Personal Allowance

46. interperiod income tax allocation

47. backup withholding

48. 1099-G Form

49. income basket

50. indirect taxation

51. Federal tax lien

52. tax rebate

53. impose

54. imputation system

55. ad valorem duty

56. net operating loss carry backs

57. accommodation trading

58. LLC

59. IRA rollover

60. unrelated business taxable income

61. 1120-IC-DISC Form Schedule K

62. exclusion ratio

63. tax loss harvesting

64. 1099-C Form

65. Tax rate

66. tax indexing

67. constructive sale rule (Section 1259)

68. AMT

69. 1099-INT Form

70. deferred tax

71. saver's tax credit

72. tax lot

73. 1120 Form Schedule N

74. in escrow

75. 1120-IC-DISC Form

76. U.S. Government Agency Security

77. 1120-W Form

78. assignment of income

79. taxpayer bill of rights (TABOR)

80. innocent-spouse rule

81. gross

82. taxable preferred security

83. Assessor

84. Working Families Tax Relief Act of 2004

85. state taxes

86. tax adviser

87. tax schedule

88. capital property

89. domicile

90. deferred gain

91. negative income tax

92. Modified adjusted gross income (MAGI)

93. VAT

94. 30-day wash rule

95. Agency bond

96. generation-skipping transfer

97. mainstream corporation tax

98. 941-X Form

99. induced taxes

100. joint return test

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Featured term of the day

Definition / Meaning of

US Savings Bond

Categories: Investing and Trading, Stocks,

The US government issues two types of savings bonds: Series EE and Series I. You buy electronic series ee bonds through a treasury direct account for face value and paper series EE for half their face value. You earn a fixed rate of interest for the 30-year term of these bonds, and they are guaranteed to double in value in 20 years. series ee bonds issued before May 2005 earn interest at variable rates set twice a year.series i bonds are sold at face value and earn a real rate of return that's guaranteed to exceed the rate of inflation during the term of the bond. Existing series hh bonds earn interest to maturity, but no new series hh bonds are being issued.The biggest difference between savings bonds and us treasury issues is that there's no secondary market for savings bonds since they cannot be traded among investors. You buy them in your own name or as a gift for someone else and redeem them by turning them back to the government, usually through a bank or other financial intermediary.The interest on US savings bonds is exempt from state and local taxes and is federally tax deferred until the bonds are cashed in. At that point, the interest may be tax exempt if you use the bond proceeds to pay qualified higher education expenses, provided that your adjusted gross income (AGI) falls in the range set by federal guidelines and you meet the other conditions to qualify.

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