What is PASSIVE LOSS RULES?

Rules limiting tax deductions and income that go untaxed. This is limited by passive source earnings.

More On This Topic
  1. What Does Fed OASDI/EE Mean on a Paycheck?
  2. Nepotism, Cronyism, & Favoritism: Illegal Or Unethical?
  3. What is FED MED/EE Tax?
  4. Do I Have to Itemize Deductions to Deduct Mortgage Interest on a House?
  5. If I File My Taxes Online, Is There a Maximum That I Can Claim for Charitable Donations?
  6. How Do I Calculate My State Income Tax Refund in Colorado?
  7. How Marginal Tax System Works
  8. W-4: What It Is, Who They’re For, & How To Fill It Out
  9. 401(K) Types, Loans, Contribution Limits, & Benefits
  10. How To Change Ownership Of A Limited Liability Company

Related Legal Terms
PASSIVE ACTIVITY LOSS RULES, PASSIVE LOSS, PASSIVE INCOME, PASSIVE DEBT, PASSIVE ATTACK, PASSIVE, PASSIVE LEARNING, PASSIVE MANAGEMENT, HAGUE-VISBY RULES, RULES


Link to This Definition
Did you find this definition of PASSIVE LOSS RULES helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary