Examlex
Change the following percentage to a ratio.There are no spaces between the numbers in a ratio,for example,8:63.
30% = _____
AGI
Adjusted Gross Income, a measure of income calculated from your gross income and used to determine how much of your income is taxable.
Qualified Mortgage Interest
Interest paid on a mortgage that is eligible for tax deduction within the limits set by the IRS.
At-risk Rules
These are tax rules designed to limit the amount of deductible losses from businesses or income-producing activities to the amount the taxpayer has at risk.
Passive Loss Rules
Tax regulations that limit the amount of losses investors can deduct from passive activities, including some investments in real estate.
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