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Approximately how many times does an average human heart beat in a year?
Depreciation Expense
The allocation of the cost of a tangible asset over its useful life, reflecting wear and tear, decay, or decline in value.
Distribution
The payment of assets from a fund or account to its beneficiaries or shareholders, such as dividends or withdrawals.
Reduction in Basis
A decrease in the tax basis of an asset, which could result from deductions such as depreciation, or after receiving tax-free returns of capital.
Self-employment Income
Income earned from conducting a business or profession as a sole proprietor, independent contractor, or freelancer, subject to self-employment tax.
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