Sentence examples for it is taxable from inspiring English sources
If they divide property, it is taxable as a sale for its fair market value even though no money changes hands.
Rather, it is taxable income to the dealer that sold the car.
Because money went into the accounts on a tax-deferred basis, it is taxable when it comes out.
"People should certainly be aware that it is taxable income," Mr. Miller said in response to a question from reporters.
But when money does come out, it is taxable as regular income, even if some of it results from capital gains and dividends.
If a gain, or part of it, is taxable, it should be reported on Schedule D, along with other capital gains.
Yes, interest is deductible to your business, but it's taxable income to YOU.
"It's taxable," Mr. Katchor says, taking the air out of that talk balloon.
"The more income and wealth people had, the less it was taxable," said Shapiro.
If you receive the money in a lump sum, however, then it's taxable all at once.
The Treasury Department calculates that the tax expenditure for imputed rent – the revenue that would be raised if it were taxable – will be $75 billion next year and $437 billion from 2014 to 2018.
