All > Business > Finance > Personal Finance > Income Tax

• Assuming all other dependency tests are met, the citizen or resident test allows taxpayers to claim a dependency exemption for persons who are U.S. citizens for some part of the year or who live in the United States, Canada, or Mexico for some part of the year.

  Internal Revenue Service - Cite This Source - This Definition
  ×

  Cite Definition for Citizen or Resident Test

  American Psychological Association (APA)

  Citizen or Resident Test. (n.d.). Understanding Taxes Student Glossary. Retrieved January 29, 2023, from website: http://www.expertglossary.com/definition/citizen-or-resident-test.

  Chicago Manual of Style (CMS)

  Citizen or Resident Test. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/citizen-or-resident-test (accessed: January 29, 2023).

  Modern Language Association (MLA)

  "Citizen or Resident Test." Understanding Taxes Student Glossary. Internal Revenue Service. 29 January. 2023 http://www.expertglossary.com/definition/citizen-or-resident-test.

• Browse Related Terms: adjusted gross income (AGI), Citizen or Resident Test, dependency exemption, dependent, exemptions, filing status, foster child, Head of Household filing status, Married Filing Joint filing status, Married Filing Separate filing status, personal exemption, qualifying child, qualifying relative, Qualifying Widow(er) filing status, single filing status, standard deduction, tax deduction, tax-exempt interest income

All > Business > Finance > Personal Finance > Income Tax

• Compensation received by an employee for services performed. Commissions are paid based on a percentage of sales made or a fixed amount per sale.

  Internal Revenue Service - Cite This Source - This Definition
  ×

  Cite Definition for Commission

  American Psychological Association (APA)

  Commission. (n.d.). Understanding Taxes Student Glossary. Retrieved January 29, 2023, from website: http://www.expertglossary.com/definition/commission.

  Chicago Manual of Style (CMS)

  Commission. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/commission (accessed: January 29, 2023).

  Modern Language Association (MLA)

  "Commission." Understanding Taxes Student Glossary. Internal Revenue Service. 29 January. 2023 http://www.expertglossary.com/definition/commission.

Also listed in:

• All > Business > Finance > Insurance > Auto Insurance
• All > Business > Finance > Personal Finance
• All > Business > Real Estate

All > Business > Finance > Personal Finance > Income Tax

• An automatic tax collected from employers and employees to finance specific programs.

  Internal Revenue Service - Cite This Source - This Definition
  ×

  Cite Definition for compulsory payroll tax

  American Psychological Association (APA)

  compulsory payroll tax. (n.d.). Understanding Taxes Student Glossary. Retrieved January 29, 2023, from website: http://www.expertglossary.com/definition/compulsory-payroll-tax.

  Chicago Manual of Style (CMS)

  compulsory payroll tax. apps.irs.gov. Understanding Taxes Student Glossary. Internal Revenue Service. http://www.expertglossary.com/definition/compulsory-payroll-tax (accessed: January 29, 2023).

  Modern Language Association (MLA)

  "compulsory payroll tax." Understanding Taxes Student Glossary. Internal Revenue Service. 29 January. 2023 http://www.expertglossary.com/definition/compulsory-payroll-tax.

• Browse Related Terms: bonus, compulsory payroll tax, earned income, employee, flat tax, Form W-4, Employee's Withholding Allowance Certificate, formal tax legislation process, income taxes, independent contractor, salary, self-employment loss, self-employment profit, tip income, wages