At the same time, the ordinary income tax rate for such families will be raised to 39.
What does OI stand for?
OI stands for Ordinary Income (US IRS)
This definition appears frequently and is found in the following Acronym Finder categories:
- Military and Government
- Business, finance, etc.
See other definitions of OI
We have 18 other meanings of OI in our Acronym Attic
- Optical Improvements
- Optical Interface
- Optical Isolator (Telcordia)
- Optimist International (St. Louis, MO)
- Optimum Interpolation
- Opto-Isolator (electronics)
- Oral Irrigator (dentistry)
- Orbit Infotech (New Delhi, India)
- Orcas Island (Washington)
- Order for Information (EPA)
Samples in periodicals archive:
The lump sum W received served as a substitute for the ordinary income he would have otherwise received over a period of time.
The IRS reclassified it as ordinary income and assessed a $660,784 deficiency.
For tax reporting purposes, these 2005 dividends will be classified as 100% ordinary income and non-qualified.
tax only on its ordinary income received from sources within the U.
Jupiter Dividend & Growth Trust PLC - Continuation Proposals Results of Zero Dividend Preference Shareholders' Meeting and Ordinary Income Shareholders' Meeting Jupiter Dividend & Growth Trust PLC (the "Company") announces that the Zero Dividend Preference shareholders' Meeting and the Ordinary Income shareholders' Meeting convened at 10.
Consulting or employment agreement payments are immediately deductible when paid by the buyer, and are included as ordinary income by the selling shareholders when received.
In the above example the shareholder recognizes $20 ordinary income from operations and either $4 of capital gain or ordinary income, depending on the nature of the debt.