Examlex
The table shown provides economic development data for a country from 1990-2020. Which decade experienced the highest rate of economic growth?
Tax Return
The form or forms used to report income and file income taxes with tax authorities, including information on income earned, deductions, and credits claimed.
Taxable Income (TI)
This term refers to the gross income of an individual or corporation, less any allowable tax deductions or exemptions, which is subject to taxation by governmental authorities.
Adjusted Gross Income (AGI)
A measure of income calculated from your gross income and used to determine how much of your income is taxable after certain deductions are applied.
Personal and Dependency Exemptions
Tax deductions previously allowed for the taxpayer, their spouse, and eligible dependents, though suspended for federal taxes from 2018 through 2025.
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