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LSDefine

Simple English definitions for legal terms

ZA

Read a random definition: case agreed on

A quick definition of ZA:

The letter Z has different meanings in different contexts. In taxes, ZBA or zero-bracket amount used to be a deduction available to all taxpayers, but it was replaced by the standard deduction. The standard deduction is a set amount that can be subtracted from income to determine taxable income. There are also other types of deductions, such as the charitable deduction for donations to qualified charities and the marital deduction for transfers between spouses. Deductions are subtracted from income to reduce the amount of tax owed. In other contexts, Z can also refer to a graphic variant of the word "year" or the act of reasoning from general propositions to a specific conclusion.

A more thorough explanation:

Deduction is the act of taking away or subtracting something. In taxes, it refers to an amount that can be subtracted from gross income to calculate adjusted gross income or from adjusted gross income to calculate taxable income.

  • A taxpayer can deduct their charitable contributions from their taxable income. For example, if someone donates $100 to a qualified charity, they can deduct $100 from their taxable income.
  • When a person turns 65 or becomes blind, they are entitled to an additional standard deduction. For example, if someone turns 65 during the tax year, they can deduct an additional amount from their taxable income.
  • If a person inherits a portion of a succession, they are entitled to a deduction before a partition. For example, if someone inherits a house with three siblings, they are entitled to a deduction of one-fourth of the value of the house before the partition.

YTM | zero-coupon security

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Minus those random R decisions from UMN yesterday though right? I wonder what happened there. I don’t think I’ve seen a school start the season out with anything but As on here
almost all of my apps have been UR for 6 weeks at this point I feel exhausted waiting for them to finish
Irvine is being snobby and wont start any review until end of Nov.
Yeah, it’s tough. I’m distracting myself by playing good video games after work :)
im distracting myself by schizo-scrolling r/lawschoolamissions and every conceivable data point on this godforsaken website
it is not working
Haaa I naturally want to do that too. I’m trying to stop. They need a surgeon general’s warning on this site for perspective law students
i spend more time on here then anything else trying to rationalize that the waves from last year will match waves for this year (they won't) and that the stats of people with the same stats are indicative of my own (they aren't)
There aren't many people in my stat range so I pretty much know every result in my range after being on here for a few years
9:28
congrats on the 172 bruce
go dawgs fr
9:29
roll tide
do we foresee a fordham election day wave today (i'm delusional)
WorthlessAttractiveZombie
9:31
I think so, Jack
9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
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