Sentences with phrase «generally nontaxable»

ROC is generally nontaxable and reduces the investor's cost basis by the amount of the distribution.

Not exact matches

Combined income generally consists of your adjusted gross income (AGI), nontaxable interest, and one - half of your Social Security benefits.

Funds received from your loan are generally considered to be * nontaxable as the money received is not income earned.

Instead, they are more like a return of investment and are generally treated for tax and other purposes as a nontaxable return of prior overpayment of premiums.