Deductions & credits


@pk wrote:

I hope I have poured enough oil on this issue 


@pk I generally agree (actually agree completely) with the points made in your post (particularly, the above-quoted passage).

 

However, I agree with @jtax with respect to the point that certain terms are far too often thrown around on this board that have a specific legal meaning (e.g., alternate valuation date, as @jtax stated earlier) and that really should be corrected.