Examlex
Your friend wonders why girls always seem to do better than boys in classes like English where reading and writing are important. You tell him that, according to your textbook, one possible explanation for girls' verbal superiority over boys is that
AGI Limitation
A constraint or cap based on an individual's adjusted gross income (AGI) which affects eligibility for certain tax deductions, credits, or contributions.
Foreign Tax Credit
A credit that allows U.S. taxpayers to offset income tax paid to foreign governments against their U.S. tax liability on the same income.
Taxable Income
Income on which tax must be paid; total income minus deductions and exemptions.
Foreign Income Taxes
Taxes levied by a foreign government on income earned within its jurisdiction, which may be creditable or deductible on domestic tax returns.
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