Tax Basis in a sentence
(1) The tax basis of the stock was adjusted for any wash sales.
(2) The tax basis for the business was calculated at $1 million.
(3) The tax basis of the stock was adjusted for any stock splits.
(4) The tax basis of the equipment was reduced by the salvage value.
(5) The tax basis of the land was adjusted for any improvements made.
(6) The tax basis of the investment was adjusted due to depreciation.
(7) The tax basis of the land was increased due to improvements made.
(8) The tax basis of the equipment was reduced by the trade-in value.
(9) The tax basis of the vehicle was determined by its purchase price.
(10) The tax basis of the property was determined by the assessed value.
Tax Basis sentence
(11) The tax basis of the stock was adjusted for any dividends received.
(12) The tax basis of the inherited artwork was determined by an appraiser.
(13) The tax basis of the equipment was increased due to a major renovation.
(14) The tax basis of the rental property was reduced by the cost of repairs.
(15) The tax basis of the vehicle was determined based on its purchase price.
(16) The tax basis of the rental income was reduced by any allowable expenses.
(17) The tax basis of the company's inventory was adjusted for any write-offs.
(18) The tax basis of the stock was adjusted for any stock dividends received.
(19) The tax basis of the business assets was adjusted for any casualty losses.
(20) The tax basis of the equipment was reduced by the accumulated depreciation.
Tax Basis make sentence
(21) The tax basis of the foreign income was determined using the exchange rate.
(22) The tax basis of the property was determined by its original purchase price.
(23) The tax basis of the investment was adjusted for any capital gains or losses.
(24) The tax basis of the inherited artwork was determined by its appraised value.
(25) The tax basis of the rental income was reduced by any mortgage interest paid.
(26) The tax basis of the employee stock options was adjusted for any stock splits.
(27) The tax basis of the inherited assets was stepped up to their fair market value.
(28) The tax basis of the partnership interest was adjusted for capital contributions.
(29) The tax basis of the business goodwill was determined based on its purchase price.
(30) The tax basis of the foreign dividends was determined by the withholding tax rate.
Sentence of tax basis
(31) The tax basis of the partnership interest was adjusted for any distributions made.
(32) The tax basis of the inherited artwork was determined by a professional appraiser.
(33) The tax basis of the company's goodwill was determined by an independent valuation.
(34) The tax basis of the partnership interest was adjusted for any liabilities assumed.
(35) The tax basis of the business assets was adjusted for any capital improvements made.
(36) The tax basis of the investment property was adjusted for any rental income received.
(37) The tax basis of the business assets was adjusted for any self-employment taxes paid.
(38) The tax basis of the business assets was reduced by the amount of any casualty losses.
(39) The tax basis of the rental property was reduced by the amount of depreciation claimed.
(40) The tax basis of the business assets was adjusted for any Section 179 deductions taken.
Tax Basis meaningful sentence
(41) The tax basis of the business inventory was determined based on the cost of goods sold.
(42) The tax basis of the rental property was reduced by the amount of allowable deductions.
(43) The tax basis of the company's goodwill was adjusted to reflect any impairment charges.
(44) The tax basis of the company's equipment was adjusted to reflect depreciation over time.
(45) The tax basis of the rental property was increased due to the cost of major renovations.
(46) The tax basis of the rental property was reduced by the amount of rental income received.
(47) The tax basis of the inherited real estate was determined based on its fair market value.
(48) The tax basis of the rental property was increased due to the addition of a new building.
(49) The tax basis of the partnership interest was adjusted for any capital contributions made.
(50) The tax basis of the investment property was reduced by the amount of property taxes paid.
Tax Basis sentence examples
(51) The tax basis of the investment property was adjusted to account for capital improvements.
(52) The tax basis of the partnership interest was adjusted for any guaranteed payments received.
(53) The tax basis of the intellectual property was determined by the original development costs.
(54) The tax basis of the real estate investment was reduced by the amount of allowable expenses.
(55) The tax basis of the company's patents was determined by the research and development costs.
(56) The tax basis of the land was increased due to the cost of improvements made to the property.
(57) The tax basis of the vehicle was reduced after deducting the allowable depreciation expenses.
(58) The tax basis of the inherited real estate was adjusted to reflect any outstanding mortgages.
(59) The tax basis of the investment property was adjusted for any repairs and maintenance expenses.
(60) The tax basis of the partnership interest was adjusted for any changes in ownership percentage.
Sentence with tax basis
(61) The tax basis of the stock was calculated based on the purchase price and any adjustments made.
(62) The tax basis of the stock options was determined by the fair market value at the time of grant.
(63) The tax basis of the rental property was reduced by the amount of allowable property taxes paid.
(64) The tax basis of the company's intangible assets was determined by the purchase price allocation.
(65) The tax basis of the foreign income was calculated using the exchange rate at the time of receipt.
(66) The tax basis of the investment property was increased due to the cost of acquiring adjacent land.
(67) The tax basis of the partnership interest was determined based on the partner's initial investment.
(68) The tax basis of the company's inventory was adjusted to reflect the lower of cost or market value.
(69) The company's tax basis for the equipment was calculated using the straight-line depreciation method.
(70) The tax basis of the partnership distribution was determined based on the partner's share of profits.
Use tax basis in a sentence
(71) The tax basis for inherited assets is usually the fair market value at the time of the owner's death.
(72) The tax basis of the business assets was increased due to the cost of acquiring additional equipment.
(73) The tax basis of the business assets was increased due to the cost of acquiring additional inventory.
(74) The tax basis of the inherited securities was determined by the fair market value on the date of death.
(75) The tax basis of the employee stock options was determined by the fair market value at the time of grant.
(76) The tax basis of the foreign rental income was calculated using the exchange rate at the time of receipt.
(77) The tax basis of the partnership interest was adjusted to account for any distributions made to partners.
(78) The tax basis of the inherited securities was determined based on their market value at the date of death.
(79) The tax basis of the partnership interest was determined by the initial contribution made by each partner.
(80) The tax basis of the business assets was adjusted to reflect the fair market value at the time of a merger.
Sentence using tax basis
(81) The tax basis of the partnership distribution was determined based on the partner's capital account balance.
(82) The tax basis of the inherited securities was stepped up to their fair market value at the time of transfer.
(83) The tax basis of the partnership interest was adjusted to account for any liabilities assumed by the partner.
(84) The tax basis of the inherited real estate was stepped up to its fair market value at the time of inheritance.
(85) The tax basis of the inherited assets was stepped up to their fair market value at the time of the owner's death.
(86) The tax basis of the investment property was reduced by the amount of allowable repairs and maintenance expenses.
(87) The tax basis of the partnership interest was adjusted to account for any capital contributions made by partners.
Tax Basis meaning
Tax basis refers to the value assigned to an asset or property for tax purposes. It is an essential concept in taxation, as it determines the amount of tax liability or gain that will be incurred when the asset is sold or disposed of. Understanding how to use the term "tax basis" correctly in a sentence is crucial for effective communication in the field of taxation. Here are some tips on how to use this term appropriately:
1. Definition: When introducing the term "tax basis" in a sentence, it is essential to provide a clear and concise definition.
For example, "Tax basis is the value assigned to an asset for tax purposes, which is used to calculate the taxable gain or loss when the asset is sold."
2. Contextualize: To enhance understanding, it is helpful to provide context when using the term "tax basis." This can be done by mentioning the specific asset or property being referred to. For instance, "The tax basis of the inherited property was determined based on its fair market value at the time of the owner's death."
3. Clarify the purpose: Specify the purpose of discussing tax basis in a sentence to ensure clarity.
For example, "The purpose of calculating the tax basis is to determine the capital gains tax owed on the sale of the investment property."
4. Use in examples: Incorporating examples in your sentence can help illustrate the concept of tax basis. For instance, "If the tax basis of the stock is $10 per share and it is sold for $15 per share, the taxable gain would be $5 per share."
5. Explain adjustments: In some cases, adjustments may be made to the tax basis. It is important to explain these adjustments when using the term "tax basis" in a sentence.
For example, "The tax basis of the property was adjusted to account for the cost of improvements made by the owner."
6. Highlight differences: If there are different types of tax basis, such as adjusted tax basis or stepped-up tax basis, it is crucial to clarify the specific type being referred to in the sentence. For instance, "The stepped-up tax basis of the inherited assets allowed the beneficiaries to avoid significant capital gains taxes."
7. Connect to tax implications: Emphasize the tax implications associated with tax basis in a sentence.
For example, "By understanding the tax basis of the investment, the taxpayer can accurately calculate the depreciation expense and minimize their tax liability."
8. Consider audience knowledge: When using the term "tax basis" in a sentence, consider the knowledge level of your audience. If they are unfamiliar with the term, provide additional explanations or simplify the language used.
9. Use appropriate grammar: Ensure that the term "tax basis" is used grammatically correctly in the sentence.
For example, "The tax basis of the property was adjusted to reflect the fair market value at the time of acquisition."
10. Proofread:
Finally, always proofread your sentence to ensure it is grammatically correct and effectively conveys the intended meaning. This will help avoid any confusion or misinterpretation when using the term "tax basis." By following these tips, you can effectively incorporate the term "tax basis" into your sentences, enhancing your communication in the field of taxation.
The word usage examples above have been gathered from various sources to reflect current and historical usage of the word Tax Basis. They do not represent the opinions of TranslateEN.com.