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Define the Purpose of an Appraisal Interview and List the Three

question 9

Essay

Define the purpose of an appraisal interview and list the three steps to prepare for an appraisal interview.


Definitions:

File Jointly

The process by which a married couple combines their income and deductions to file a single tax return.

Adjusted Gross Income

Total income minus specific deductions, used to determine taxable income on an individual's tax return.

Medicare Withholding

The portion of an individual's income that is deducted for Medicare, which is a form of health insurance typically for individuals aged 65 and older.

FSA

A Flexible Spending Account, which is a special account used for setting aside pre-tax dollars for eligible healthcare and dependent care expenses.

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