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TAKE THE QUIZ“tax benefit”
We have one entry that includes the term tax benefit.
tax benefit rule
noun: a tax rule requiring that if an amount (as of a loss) used as a deduction in a prior taxable year is recovered in a later year it must be included in the gross income for the later year to the extent of the original deduction
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- Before we went to her house, Hannah told us her aunt was a flibbertigibbet.
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Merriam-Webster unabridged
