Examlex
A ____ is a symbol, traditionally a closed circle, that sets off items in a list.
Deductions
Amounts that are subtracted from gross income when calculating taxable income, including expenses, allowances, or specific exemptions.
Exemptions
Specific allowances that relieve individuals, organizations, or products from fulfilling certain conditions or requirements, often for taxes or regulations.
Personal Income Tax
A tax levied on individuals or households based on their total income from various sources, including wages, salaries, and investments.
Taxable Income
The portion of an individual's or corporation’s income that is subject to taxes according to the laws and regulations of a particular jurisdiction.
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