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Loop control variables can be evaluated at the start or the end of the loop. Describe both pretest loops and posttest loops. How do do…while loops execute?
Passive Income
Earnings derived from a rental property, limited partnership, or other enterprises in which a person is not actively involved.
At-risk
Pertains to the amount of money invested in an activity that could be lost, used in tax contexts to limit deductions.
AMT Adjustment
A modification required under the Alternative Minimum Tax rules to convert regular taxable income into AMT taxable income.
AMT Depreciation
Depreciation methods under the Alternative Minimum Tax system, which can differ from regular tax depreciation in terms of rates and methods.
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