Unadjusted Basis

Unadjusted Basis

In the accelerated cost recovery system and the modified accelerated cost recovery system, the price of an asset used to calculate depreciation. Generally speaking, the unadjusted basis is based on the original purchase price.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Unadjusted Basis

The unadjusted basis is the basis of property that would be used to figure a gain on the sale of the property, but without reduction for any depreciation deductions. To get the unadjusted basis, the original basis must be reduced by the section 179 deduction, the special depreciation allowance, and other less common items. The unadjusted basis is the original cost or other basis without regard to salvage value.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
The amount of the deduction and the amount of the phaseout depend on the taxpayer's taxable income, the type of business, the amount of W-2 wages paid by the business, and the unadjusted basis immediately after acquisition (UBIA) of qualified property held by the business.
W-2 wages and Sec. 199A
On an unadjusted basis, trade surplus decreased to EUR22.7 billion in March from EUR24.6 billion in the same month of last year.
Surprise Rebound In German Exports Boosts Hopes Of Strong 1st Quarter
The 20% deduction has limitations, including, in certain cases that it cannot exceed (i) 50% of the W-2 wages paid or (ii) the sum of (a) 25% of the W-2 wages paid plus (b) 2.5% of the unadjusted basis (immediately after acquisition) of all qualified property.
Guidance for Northeast Real Estate Investors on the 20% 199A Deduction
Dollar Tree also saw a loss of $2.31 billion on an unadjusted basis.
Dollar Tree To Shutter 390 Stores
The proposed regulations reduced the unadjusted basis following transactions and potentially limited a taxpayer's pass-through deduction.
Regulations for Tax-Deductions for Pass-Throughs Corrected
For the fourth quarter, we are pacing up 3% on an unadjusted basis. I am proud of the outstanding team we have built and the terrific work they are doing to capitalize on our abundant scale-driven opportunities." The Company expects to close on the sale of a tower site adjacent to O'Hare Airport in Chicago today and to realize $46 million of gross proceeds.
Entercom reports Q2 EPS 1c, consensus 25c
* The sum of 25% of the W-2 wages with respect to the qualified trade or business, plus 2.5% of the unadjusted basis immediately after acquisition of all qualified property.
Understanding the new Sec. 199A business income deduction
* The sum of 25 percent of the W-2 wages with respect to the qualified business, plus 2.5 percent of the unadjusted basis, immediately after acquisition, of all qualified property.
New Tax Law: Deduction for Qualified Business Income and More
2014, after no change (revised from 0.5% gain) Gauge fell 1.7% y/y on an unadjusted basis after 1.8% y/y drop in Dec.
U.S. Pending Home Sales Gauge Falls to Lowest Since 2014
NRF reported that December retail sales increased 0.4% on a seasonally adjusted basis compared to November and were up 4.6% annually on an unadjusted basis. Holiday sales, which NRF defines as the months of November and December, saw a 5.5% annual gain to $691.9 billion.
Strong finish for retail sales in 2017
NRF also calculated that February's sales were up 0.8% on an unadjusted basis from a year earlier.
Retail sales edge up in February
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