loss

(redirected from Passive income)
Also found in: Dictionary, Thesaurus, Medical, Legal, Financial, Wikipedia.
Related to Passive income: Active income, Portfolio Income

loss

1. Electronics a measure of the power lost in an electrical system expressed as the ratio of or difference between the input power and the output power
2. at a loss at less than the cost of buying, producing, or maintaining (something)

loss

[lȯs]
(communications)
(engineering)
Power that is dissipated in a device or system without doing useful work. Also known as internal loss.

loss

(jargon)
Something (not a person) that loses; a situation in which something is losing. Emphatic forms include "moby loss", and "total loss", "complete loss". Common interjections are "What a loss!" and "What a moby loss!" Note that "moby loss" is OK even though **"moby loser" is not used; applied to an abstract noun, moby is simply a magnifier, whereas when applied to a person it implies substance and has positive connotations.

Compare lossage.
References in periodicals archive ?
The passive loss can only be used to offset other passive income or be carried over.
The regulations make it very difficult for a taxpayer to convert nonpassive business income into passive income.
This expense is treated as a passive deduction and allowed only against passive income (or as permitted in the phase-in provisions).
The $100 million invested in the fund will generate, assuming a 40% tax bracket, $40 million in passive income tax savings at the federal level and $12,000,000 in savings at the state level.
Part of the reason that passive income ideas are so popular is because many people do not have the time to devote to a full time business venture.
shareholders must independently include the CFCs' passive income in their taxable income under the rigorous rules of Subpart F.
An investor in one of our real estate funds will be able to shelter the profits by the deductions against passive income offered by an investment in the film fund.
If the property is treated as a rental and the interest is not treated as a rental expense, the rental may produce net income, which would be passive income that can offset other passive losses.
It can be terminated in any of three ways: (1) The shareholders revoke the election, (2) the corporation no longer satisfies the eligibility requirements or (3) the corporation has too much passive income during the three previous tax years.
Thus, the PFIC rules not only tax passive income, but also impose a financial toll charge on the operating income of controlled foreign corporations (CFCs), which are already subject to tax on their passive income under Subpart F of the Code.
The owner of the triple-nets receives the passive income from the property during his life-time, and on his death the "residuals" i.
Thus, suspended losses cannot be deducted until all the activity has been disposed of, or other passive income is generated.

Full browser ?