Caution! The site can't guarantee, that text has age permission. The site is not recommended, if you are less than 18 years old.
The site shows example sentences for English words. How the word or phrase could be used in a sentence?
" ... For New York State individual income tax purposes, the amount of tax paid by the partnership allocated to each partner would be a New York State addback. Assuming no other addbacks are required, each partner would report New York State taxable income of $500,000 and then report a credit of $34,250 each (102,750/3). ... "
" ... Of course, because $100,000 of expenses will be rendered nondeductible, the business owner’s qualified business income will INCREASE by $100,000, and the 20% QBI deduction will be taken on a larger number, softening the blow a touch from the expense addback. ... "