Examlex
Acupuncture is a complementary therapy that uses fine needles placed in acupoints.What is the believed purpose of these acupoints?
AGI
Adjusted Gross Income, which is total income minus specific deductions, used to calculate tax liability.
Collectibles Tax Rate
The tax rate applied to gains from the sale of collectibles, such as art, stamps, coins, and antiques, which is often different from the rate on other capital gains.
Section 1245 Gain
Income derived from the sale or disposal of depreciable personal property, which may be recaptured as ordinary income.
Ordinary Income
Income earned from providing services, including wages, salaries, commissions, and income from businesses in which there is material participation.
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