Examlex
The people in the information system framework include only the users of a system and not those who operate and service the computers.
Deduct
To subtract or take away from the gross amount; in taxation, to lower taxable income by subtracting allowable deductions.
At-risk Amount
The investment in money or other property at risk in an activity, determining the deductible loss limit.
Passive Loss Rules
Tax provisions limiting the amount of loss investors can claim from passive activities, such as rental properties, to offset other income.
Income
Funds acquired regularly from labor or investment returns.
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