Examlex
Identify and explain two reasons for reverse stock splits.
Self-Employed Health Insurance
A tax deduction available to self-employed individuals for premiums paid on medical, dental, and long-term care insurance for themselves and their dependents.
Above-The-Line
refers to deductions that taxpayers are allowed to subtract from gross income to arrive at the adjusted gross income, which are beneficial as they are not subject to itemized deductions limitations.
Child Support Payment
Payments made by a non-custodial parent to support their child or children's living expenses.
Alimony Payment
Payments made to a spouse or former spouse under a separation or divorce agreement, which can be deductible for the payer and reportable as income for the recipient, under certain conditions.
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