LSDefine

Simple English definitions for legal terms

taxable

Read a random definition: restrictive condition

A quick definition of taxable:

Taxable: When something is taxable, it means that it can be taxed by the government. For example, if you earn money from a job or from investments, that money is usually taxable. This means that you have to pay a portion of that money to the government as taxes.

A more thorough explanation:

Definition: capable of being taxed or subject to taxation.

Example: Interest earned on a savings account is considered taxable income by the government.

Explanation: When the government imposes a tax on a particular income or asset, it is said to be taxable. In the given example, the interest earned on a savings account is considered taxable because it is subject to taxation by the government. This means that the account holder will have to pay a certain percentage of their interest earnings as tax to the government.

tarnishment | taxable cost

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

windyMagician

0:34

reporting live to say my ndls address also went long

JazzyGazelle

0:59

does it mean anything ^

Dkk

2:21

NDLS and Fordham took a very long time last year. It's good info for people to know.

[] baddestbunny

4:29

let’s get after it boys and girls

Dkk

5:21

I gtg to bed soon.

Dkk

5:22

Big day today. Gunna be a crazy one. I will sleep through the first half.

jackfrost11770

5:37

good morning lsd it is 5 am EST

jackfrost11770

5:37

also jazzy my ndls address went long ages ago i sadly do not think it means anything

jackfrost11770

5:38

my stanford address also went long LOL i think at most it's an indicator it's under review

WorthlessAttractiveZombie

7:44

My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs

WorthlessAttractiveZombie

7:46

Also has anyone's date disappeared for W&L? Mine did last night

Manysko

7:55

@WorthlessAttractiveZombie: mine did yesterday morning

Manysko

7:56

Oops sorry I meant Vilanova. Mine disappeared last week

soapy

8:48

UMN under review! As predicted, decisions are gonna come out early December

HowlEngineer

8:57

Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here

TheAdoptedOne

9:02

almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish

TheAdoptedOne

9:02

Irvine is being snobby and wont start any review until end of Nov.

HowlEngineer

9:14

Yeah, it’s tough. I’m distracting myself by playing good video games after work :)

TheAdoptedOne

9:17

im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website

TheAdoptedOne

9:17

it is not working

HowlEngineer

9:18

Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students

TheAdoptedOne

9:19

i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)

BruceSutter

9:28

There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years

llama

9:28

congrats on the 172 bruce

TheAdoptedOne

9:29

go dawgs fr

llama

9:29

roll tide

jackfrost11770

9:31

do we foresee a fordham election day wave today (i'm delusional)

WorthlessAttractiveZombie

9:31

I think so, Jack

llama

9:31

some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173

llama

9:32

[kevin oleary]

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