Examlex
The distance from one chair to another in a typical classroom is about one meter.By increasing the order of magnitude one step at a time,provide familiar examples for length scales from one meter up to 10⁶ meters.
Modified AGI
Adjusted Gross Income with certain deductions and exclusions added back in, used to determine eligibility for certain tax benefits.
Adjusted Gross Income
An individual's total gross income minus specific deductions allowed by the IRS, used to determine tax liability.
Deduction
An expense that can be subtracted from gross income to reduce the taxable income.
Imputed Interest Rules
Regulations set by the IRS to assign a reasonable interest rate to financial transactions that do not state their own interest or whose interest is deemed insufficient.
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