Qualified


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Qualified

Describing any investment vehicle eligible for favorable tax treatment. In general, the personal income placed in a qualified vehicle is exempt from taxation until withdrawal. This increases the return on investment of that income. Common qualified vehicles include retirement plans and education trusts.
References in periodicals archive ?
Qualified real property is allowed a quicker recovery period of 15 years using a straight-line method, although before the PATH Act, this allowance was temporary and was periodically extended, having most recendy expired for property placed in service after Dec.
Tournament best: Group stage, 2008 Qualifying record: W9 D1 L0 Qualifying stat: This is the first time Austria have qualified for the finals on the field after being included as hosts in 2008.
1.382-10, which provides special rules on distributions from qualified trusts.
Boston, a BCPSS leadership team has been established to review the individual cases of 75 paraprofessionals who are not highly qualified for instructional positions in Title 1 schools.
(a) tangible personal property, computer software, and sound recordings (collectively referred to Qualified Production Property (QPP) as, that is Manufactured, Produced, Grown, or Extracted (MPGE) by the taxpayer in whole or in significant part within the United States;
* 15-year recovery period for qualified leasehold improvements and qualified restaurant property;
In Katz, the Court specifically held that law enforcement officers may apply force that eventually is determined to be unconstitutional yet remain protected by qualified immunity.
If a building does not meet the 50% energy savings target, nonetheless a partial deduction of up to $0.60 psf is allowed for any of the above building components that is certified by a qualified professional to meet the applicable energy-savings target established by the IRS.
Employers, however, remain unable under this legislation to offer qualified long-term care insurance plans as part of a "cafeteria" package of employee benefits.
93-19 applies to management and other service contracts entered into by "qualified users," which includes state and local government entities as well as tax-exempt entities with bond-financed facilities.
While 401(k)s and other qualified benefits plans are protected by law and disbursed by a third party upon retirement, so-called non-qualified plans may be fair game for creditors in bankruptcy disputes or withheld at a firm's discretion, particularly during tough times.

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