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Zero bracket amount
The financial definition for
Zero bracket amount
:
The standard deduction portion of income which is not taxed for taxpayers choosing not to itemize deductions.
Similar Matches
Bracket creep
Bracket creep
The gradual movement into higher tax brackets when incomes increase as a result of inflation.
Bulge bracket
Bulge bracket
A tier of firms in an underwriting syndicate that have the highest participation level. See: Mezzanine bracket.
Mezzanine bracket
Mezzanine bracket
The members of an underwriting group with involvement large enough to be in the second participation tier from the top.
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Tax bracket
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Zero bracket amount
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