Examlex
Match each numbered entry with the most relevant lettered entry below.
-testate
Deduction
An expense that can be subtracted from gross income to reduce the taxable income.
Imputed Interest Rules
Regulations set by the IRS to assign a reasonable interest rate to financial transactions that do not state their own interest or whose interest is deemed insufficient.
Sale of Property
The act of transferring ownership of real estate or personal property from one entity to another, often resulting in capital gains or losses for tax purposes.
Personal Residence
A dwelling in which an individual lives for a significant part of the year, considered as their main place of residence.
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