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 ?
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.
The act establishes a bonus 50% first-year depreciation allowance under IRC section 167(a) for qualified Gulf Opportunity Zone property, which includes property described in IRC section 168(k)(2)(A)(i), nonresidential real property and residential rental property located in the zone that the taxpayer acquired and substantially used in the trade or business on or after August 28, 2005.
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;
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.
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 include certain employment agreements between physicians and qualified users.
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.
LOS ANGELES -- Today the Greater Los Angeles Earned Income Tax Credit (EITC) Campaign Partnership launched their 2007 effort to continue increasing the number of EITC filings for qualified taxpayers, which this year can translate to a refund of more than $4,500 for low and moderate-income families with children - a figure that could equal nearly two months of income.
291(e)(1)(B), deems any qualified tax-exempt obligation acquired after Aug.

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