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Ed is not happy with the sodium restrictions in his diet. How can you teach Ed the importance of adhering to this diet and instruct him in ways to make foods tasteful, without added salt?
Net Capital Gain
The profit from the sale of an asset or investment, subtracted by any losses from sales in the same tax year.
AMT
Short for Alternative Minimum Tax, a parallel tax system designed to ensure that individuals and corporations pay at least a minimum amount of tax.
AMT Income
Income calculated for the Alternative Minimum Tax, which includes certain adjustments and preferences to regular taxable income.
Alternative Minimum Tax
A parallel tax system designed to ensure that high-income individuals, corporations, estates, and trusts pay at least a minimum amount of tax.
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