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Medical Expenses
Costs for healthcare services, treatments, surgeries, and preventive care deductible under certain conditions on personal tax returns.
Periodic Payments
Regularly scheduled payments, often associated with loans, annuities, or settlements, that occur over a period of time.
Divorce Agreement
A divorce agreement is a legally binding document outlining the division of assets, debts, and other obligations between spouses upon the dissolution of their marriage.
Above-the-line Deduction
Deductions from gross income that are made before the calculation of taxable income, directly reducing the gross income amount.
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