Examlex
When do the hemispheres of the cerebral cortex begin to specialize?
Wash Sale Rules
IRS regulations that disallow the claim of a capital loss for tax purposes if a substantially identical security is purchased within 30 days before or after the sale.
Loss Disallowed
A financial loss that cannot be deducted from taxable income as per tax regulations, often due to specific restrictions or limitations.
Personal Residence
The primary dwelling in which a person lives, often eligible for certain tax benefits, like the deduction of mortgage interest and property taxes.
Gain Recognize
Gain Recognize refers to the process of reporting the profit earned from the sale of an asset for tax purposes.
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