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Are marital relationships static?
Deductibility
Deductibility pertains to the eligibility of an expense to be subtracted from gross income to lower taxable income, based on tax laws and regulations.
Medical Expenses
Costs for healthcare services that are paid out-of-pocket by an individual or covered by insurance.
Casualty Loss
A loss resulting from a sudden, unexpected, or unusual event such as a storm, theft, or car accident, which can potentially be deducted from one's taxes.
Insurance Settlement
A payment made by an insurance company to a claimant, insured, or beneficiary under the terms of an insurance policy following a loss.
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