Examlex
Name the advantages and disadvantages of an unsecured loan.
Full-Time Student
A student who is enrolled in a higher education institution for the number of hours or courses the school considers to be full-time attendance.
Own Support
Refers to the financial contribution made by an individual towards their own living expenses, potentially affecting tax filing status and dependency exemptions.
Exemption
Deductions allowed by law to reduce taxable income based on taxpayer and dependent information.
Gross Income Test
A criterion used by the IRS to determine if someone can be claimed as a dependent based on their gross income.
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