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Pub. 850, English-Spanish Glossary of Words and Phrases 2006 Tax Year

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English to Spanish

abandoned spouse
abandonment
abandonment clause
abatement of tax
ability to pay
absorption rate
abusive tax shelter
accelerated depreciation
accelerated notice and demand
according to our records
account
account, social security
account statement
accountant
accounting method
accounting period
accounts payable
accounts receivable
accrual
accrual accounts
accrual method
accrued income
accrued interest
accrued taxes
activity engaged in for a profit
additional child tax credit
additional taxes on qualified plans (including IRAs) and other tax-favored accounts
adjusted gross income (AGI)
adjusted itemized deductions
adjusted tax basis
adjustments
adoption agency
adoption agency fees
advance payment of earned income credit
advocate
after-tax basis
age test
agency (contractual)
agent (contractual)
agent-driver
agreement
Aid to Families with Dependent Children
Alaska Permanent Fund
alien resident card
alimony
allocate
allocation
allowances (W-4)
Alternate Trade Adjustment Assistance (ATAA)
alternative minimum tax
alternative tax
amended return
Amended U.S. Individual Income Tax Return
amortized bond premium
amount realized
announcement
annual income
annual leave
annualized income installment method
annuity
annuity bond
appeal (noun)
appeal (verb)
appeal rights
applicant
Application for IRS Individual Taxpayer Identification Number (ITIN)
Application for Social Security Card
Application for Taxpayer Identification Number for Pending U.S. Adoptions
appraiser
arbitrators
Archer MSA
Archer MSAs and long-term care insurance contracts
area code
Armed Force's Tax Guide
arrangement
arrears
as you go basis
assess
assessment of tax
assets
audit
audit division
audit of a return
auditor
authorized IRS e-file provider
auto tag
average tax rate
award (prizes and awards)
back taxes
backpay
backup withholding
bad debts
balance
balance sheet
bank draft
bank failure
banking day
bankruptcy
barter
barter exchange
bartering income
base cost
basis
benefits
bequest
bill
boilerplate
bona fide resident (for tax purposes)
bond
bond discount
bond for payment of tax
bond income
bond premium
bond retirement
bookkeeper
borrower
box
bracket (tax)
branch
bring an action
broker
browser
Bureau of Employment Security (P.R.)
bus
business
business expenses
business gifts
business loss
business property
business trust
by-product
cafeteria plan
calendar year
candidate for a college degree
capital assets
capital base
capital expenditures
capital gains
capital gains tax
capital investment
capital loss
capital turnover
carry on a trade or business
carryover loss
cash
cash basis
cash disbursement
cash flow
cash method
cash retirement
cash withdrawal
cashier's check
casualty
casualty loss
CD-ROM
certain government payments
certificate of alien claiming residence in the United States
certificate of compliance
certificate of deposit (CD)
certified public accountant
charitable contribution
charitable organization
checking account
child care
child support
child tax credit
child with special needs (for adoption)
claim
code number (computer)
coding
collect (bring in revenue)
collect (demand payment)
Collection Division
college
Combined Annual Wage Reporting System (P.R.)
commission-driver
Commissioner of the Internal Revenue Service
commodities
common carrier
common law
common-law employee
common-law marriage
community income
community property
compensation
compensation for injuries
compliance
compute
computer
computer processed, computerized
condominium
constructive receipt
contest prize
contribution
contribution to capital
cooperative housing corporation
corporate tax
corporation
coupon book
coupon to deposit taxes (FTD)
court costs
court order
cover by insurance
Coverdell education savings account
co-worker
credit for child care expenses
credit for the elderly or the disabled
credit life insurance
credit one's account
credit reduction rate (FUTA)
credit union
Currency Transaction Report
Currency Transaction Report by Casinos
Customer Care Center
Customer Outreach Program
customs duties
data
data bank
data entry (in a computer)
data transmission
day care center
dealer (commercial)
dealer (securities)
death benefit
decree (judicial, final)
decree (not final)
deduction
default
deferred compensation plan
deferred income
deferred payment
deferred taxes
delinquent return
delinquent tax
delinquent taxpayer
demand for payment
Department of Health and Human Services
Department of Labor
Department of the Treasury
Department of Veterans Affairs
dependency test
dependent
dependent care assistance payments
dependent care expenses
depletion
deposit period ending on (month, day, year)
depositor
depreciation
direct deposit
disability benefits
disability income exclusion
disabled
disclosure
diskette
disposition (of property)
distribution
Distribution from Pensions, Annuities, Retirement or Profit-Sharing Plans, IRAs, Insurance Contracts, etc.
distributive share (partnership)
dividend income
dividends
division (administration)
donation
double declining balance depreciation
double taxation
download (computers)
draft
dual-status alien
due diligence
dues (union)
dwelling
earned income
earned income credit
earned income tax credit
earned income test
earning capacity
education credits
e-file
elderly
electronic filing
Electronic Report of Tips
electronic service
elementary school
eligibility requirements
e-mail
employee benefits
employee savings plan
employee tax
Employee's Daily Record of Tips
Employee's Daily Record of Tips and Report to the Employer
Employee's Report of Tips to Employer
employer (adjective)
employer (noun)
employer health plan
Employer Identification Number (ElN)
employer tax
Employer's Supplemental Tax Guide
employment agency
employment agency fees
employment-related
employment taxes
enact
endowment
enforced collection action
enforcement of the law
enrolled agent
enter (data in a computer)
entertainment expenses
entry (on a return)
equitative relief
equity (in property)
escrow
escrow funds
estate
estate tax
estimated tax
estimated tax payments
estimated useful life
everyday tax solutions
examination (of a tax return)
excess contribution
excise taxes
Exclusion of Income for Bona Fide Residents of American Samoa
executor
exemption
exemption from withholding
Exemptions, Standard Deductions, and Filing Information
experience rate
expire
extended active duty
face value
failure to deposit
failure to pay penalty
fair market value
fair rental value
farm
farm income
Farm Labor Contractor Registration Act
farm operator
farmer
farming
fax
Federal District Court
Federal Employees Health Benefit Program
federal excise taxes
Federal Insurance Contribution Act (FICA)
federal tax lien
federal tax on special fuels
federal tax products on CD-ROM
federal taxes
Federal Unemployment Tax Act (FUTA)
Federal Unemployment Trust Fund
federal use tax on civil aircraft
Federal Use Tax Return on Highway Motor Vehicles
FedWorld Help Desk
feedback
fees
fellowship
field examination (audit)
file a tax return
file jointly
file separately
file transfer protocol
file your return on or before (month, day, year)
filing of return
filing status
finance charge
Financial Crimes Enforcement Network (FinCEN)
financial institution
fine (noun)
fiscal year
fishing income
fixing-up expenses
flexible-benefits plan
flexible spending plan
flipchart
follow up
food stamps
for your records
foreign account
foreign earned income
foreign earned income exclusion
foreign housing deduction
foreign tax
foreign tax credit
foreign travel
form
form letter
forms:
499R-2/W-2PR Withholding Statement
940PR Employer's Annual Federal Unemployment Tax Return
941PR Employer's Quarterly Federal Tax Return
941c PR Statement to Correct Information Previously Reported Under the Federal Insurance Contributions Act
943PR Employer's Annual Tax Return for Agricultural Employees
1040 U.S. Individual Income Tax Return
1040A (same)
1040-ES Estimated Tax for Individuals
1040EZ Income Tax Return for Single and Joint Filers With No Dependents
1040-PR
2290 Heavy Highway Vehicle Use Tax Return
2848 Power of Attorney and Declaration of Representative
2848-D Tax Information Authorization and Declaration of Representative
8300 Report of Cash Payments Over $10,000 Received in a Trade or Business
8849 Claim for Refund of Excise Taxes
Publication 1244 Employee's daily record of tips and report to employer
Schedule A (1040)
Schedule H Household Employment Taxes
SS-4 Application for Employer Identification Number
SS-8 Determination of Employee Work Status for Purposes of Federal Employment Taxes
W-2 Wage and Tax Statement
W-3 Transmittal of Wage and Tax Statements
W-3PR Transmittal of Withholding Statements
W-3c Transmittal of Corrected Wage and Tax Statements
W-4 Employee's Withholding Allowance Certificate
W-5 Earned Income Credit Advance Payment Certificate
W-7 Application for IRS Individual Taxpayer Identification Number
foster child
founder (of a trust)
franchise
franchise tax
Free Internet Filing Homepage
fringe benefits
full-time employee
full-time job
full-time student
furnace (heating unit)
gain realized
gainful employee
gainful employment
garnishments
general partner
geothermal well
gift
gift tax
goodwill
grace period
grantor (of a trust)
gross income
gross profit
gross receipts
group life insurance
group plan
guaranteed issue
guide to free tax service
halfway house
handicapped
handout
hardship case
head of household
health benefits
health coverage
Health Coverage Tax Credit
health insurance
Health Insurance Credit Eligibility Certificate
Health Insurance Credit for Eligible Recipients
health insurance policy
hearing aid
hearing impaired
high school
highlights of tax changes
highway use tax
Hispanic Employment Program
hobby loss
holder
holder of record
holding period
holiday
home
homeland security
home loan
homeworker
Hope Credit
hospital insurance benefits tax (Medicare)
houseboat
household
household appliances
Household Employer's Tax Guide
Household Employment Taxes
housewife
housing allowance
impose a tax
in-law
income
income averaging
income-splitting
income subject to tax (taxable income)
income tax
incur (expense)
incur (obligation)
incur (a penalty)
independent contractor
individual estimated tax
individual income
individual income tax
individual retirement account (IRA)
individual retirement arrangement
Individual Taxpayer Identification Number for Aliens (ITIN)
information return
Information to Claim Earned Income Credit After Disallowance
inheritance
inheritance tax
initial markup
injury
innocent spouse
innocent spouse relief
input
installment
insulation
insurance broker
intangible assets
interest (in a partnership)
interest (on money)
interest holder (in property)
interest income
interest rate
Internal Revenue Service (IRS)
inventory
investment tax credit
Investor Reporting of Tax Shelter Registration Number
invoice
involuntary conversions
issue (a check)
item
itemize
itemized deductions
items of tax preference
jeopardy assessment
joint account
joint and survivor annuity
joint return
joint venture
juror
jury
jury duty
Keogh Retirement Plan
keep records
keyboard
kickback
kind of tax
landlord
late filing penalty
late payment penalty
law enforcement officer
law enforcement personnel
layoff
lease-sale
legal expenses (for official stamps and seals, marshall services, etc.)
legal expenses (for services of an attorney)
legal person
legal services plan
lender
lessee, tenant
lessor
letterhead
levy
levy (on a bank account)
levy on wages
liabilities
lien
life annuity
life insurance policy
lifetime learning credit
limited distribution
limited partnership
living trust
loan origination fees
lockout
lookback period for calendar year
long-term
loss of income
low income
lump sum
maintenance (buildings)
maintenance (of a household)
make payment to
marginal cost
marginal revenue
marginal tax rate
mark-up
marriage certificate
master file
master's degree in
Medicaid
Medical Assistance Program
Medicare
merger
meter
migrant worker
mileage rate
minimum payment
minimum wage
miscellaneous expenses
mobile home
modified adjusted gross income (MAGI)
money order
monthly payments
mortgage
mortgage interest
mortgagee
mortgagor
motor home
moving expenses
multinational corporation
multiple support
mutual fund
natural disaster
negligence penalty
net earnings from self-employment
net income
net operating loss
net operating loss carryback (forward)
net profit
newsletter fund
nominal value
nonstatutory stock option
nonwork day
North American Free Trade Agreement (NAFTA)
note
notice of levy
nursing care
nursing home
obsolescence
offer in compromise
office examination (audit)
old age pensión
on-the-job training course
operating cost
optical scanner
optional mileage allowance
optional tax
ordinary and necessary
out-of-pocket (actual) expenses
outside salesperson
overpayment
Paperwork Reduction Act
parent company
part-time employee
part-time student
partner
partnership
partnership interest
passive activity loss
password
patronage dividends
pay as you go system
pay period
paymaster
payment
payment-voucher
payroll
penalty
penalty for premature withdrawal
penalty for underpayment
penalty for underpayment of estimated tax
pension
Pension Benefit Guaranty Corporation Beneficiaries (PBGC)
pension plan
per capita
per diem
periodic payments
personal exemptions
personal expenses
personal holding company
personal property (vs. business)
personal property (vs. real estate)
personal property tax
personal service income
personal use property
petitioner, applicant
phaseout (of exemption)
piecework
portfolio interest
postal money order
potential eligible individual
power of attorney
preaddressed envelope
preaddressed label
prefabricated
pre-existing exclusions
premature withdrawal
premium
prepaid income
prepayment penalty
Presidential Election Campaign Fund
pretax
principal (contract)
principal place of business
private industry
Privacy Act
private foundation
prize (prizes and awards)
professional preparer
profit
profit and loss statement
profit-seeking activity
profit sharing plan
promissory note
proof of credit (for credit rating purposes)
property tax
provider of medical care
public law
public retirement system
public utility
push button telephone
qualified
qualified health coverage
qualified health plan
qualified plan
qualified reinvestment plan (of a public utility)
qualify
qualifying widower
railroad retirement
Railroad Retirement Tax Act
real estate
real estate tax
reasonable cause
reasonable expenses
recapture
recapture clause
recognized gain
record
records (substantiation)
redeem a bond
refinancing
refresher course
refund of tax
register (an automobile) (verb)
regulated investment company
regulations
related companies
related taxpayers
relatives
remittance (of funds)
remuneration
rent
reportable income
residency test
residential property (home)
residential rental property
retail price
retailer
retained tax
retirement
retirement income
retirement income ceiling
retirement or pension plan
return
revenue agent
revenue officer
revenue procedure
revenue ruling
revenue sharing
revolving account
rollover
royalty
sailing permit
salary
sale or exchange
sales tax
salvage value
sanction (noun)
savings and loan association
savings bond
Schedule A (1040)
scholarship
school bonds
seasonal unemployment
section (administration)
securities
Securities and Exchange Commission
seize
seizure
self-employed worker
self-employment
self-employment retirement plan
self-employment tax
semiweekly depositor
separate income (in a community property state)
separate maintenance
separate property (in a community property state)
serve a summons
Service Center
settlement date
severance pay
share accounts (as in credit unions)
share-farming
shareholder
shares of stock
sheltered workshop
short-term
sick leave
sick pay
small business
Small Business Administration (SBA)
small business (S) corporation
small businessman
small tax case procedure
social security
social security benefits
sole proprietor
special assessment
special withholding allowance
specific charge-off method
standard deduction
standard mileage rate
State Children's Health Insurance Program (SCHIP)
State Insurance Agency
state taxes
State Workforce Agency
statute of limitation
statutory lien
stepchild
stock dividends
stock option plan
stock purchase plan
straight-line depreciation
strike benefits
subject to withholding
subsidy
summary of income and deductions
summons
supplementary Medicare insurance for the aged
support (personal)
support test
supporting documents
supporting form
surcharge
surtax
surviving spouse
tangible assets
tangible personal property
tax (adjective)
tax (for general revenue)
tax (for special funds)
tax account information
tax auditor
tax base
tax benefit
tax bill
tax bracket
tax computation
tax computation worksheet
tax counseling for the elderly
tax court
tax credit
tax deferred income
tax deposit coupon book
tax dispute
tax evasion
tax-exempt income
tax exemption
tax form
tax haven country
tax home
tax incentive
tax liability
tax loophole
tax on gambling winnings
tax package and instructions
tax penalty
tax period
tax policy
tax preference items
tax preparer
tax rate
tax rate schedule
tax rebate
tax relief
tax relief for victims of terrorist attacks
tax return
tax shelter
tax statement (bill)
tax status
tax table
tax table income
tax treatment (of community income)
tax withheld at source
tax year
taxable
taxable income
taxable year
taxpayer
Taxpayer Advocate
Taxpayer Advocate's Program
taxpayer identification number (TlN)
Taxpayer Service Representative (TSR)
technical school
TeleFile
Temporary Assistance for Needy Families (TANF)
temporary seasonal workers
tenant
tentative credit
term (time)
third party
third-party designee
third-party payer
tie-breaking rule
time savings account
tip (advice)
tip (gratuity)
tips deemed to be wages
toll
toll free (telephone)
townhouse
Trade Adjustment Assistance Benefits (TAA)
Trade Adjustment Assistance Participants (TAAP)
trade or business
trade-import firm
trade readjustment assistance
trailer
transferor (trusts)
travel allowance
travel expenses
traveling salesperson
Treasury bill
Treasury bond
Treasury Department (P.R.)
Treasury Department (U.S.)
Treasury note
truck
truck-tractor
trust
trust company
trust fund
trustee
tuition
uncollected FICA tax
underpayment
underwriter (securities)
undistributed earnings
undue hardship
unearned income
unemployment
unemployment compensation
unemployment tax
union
university
unpaid balance
untaxed (before taxes)
untaxed (tax free)
upward mobility program
U.S. Citizenship and Immigration Services (USCIS)
U.S. District Court
U.S. Military Health Care System
utilities
voice prompts
voluntary compliance
Volunteer Income Tax Assistance (VlTA)
wages
wages (daily)
waiting period
waiver
waiver of the enrollment in training requirement
Web page
website
welfare
welfare recipient
wholesale
windfall profits
wire transfer
withheld tax
withholding allowance
withholding of tax
withholding of tax at source
word processor
work for oneself
Work Incentive Program
workers' compensation
workfare payments
working day
working hours
worksheet
worldwide income
write-off (accounting)
yearly rate
yield
yield to maturity (bonds)
zip code

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