A tax credit can reduce or eliminate your federal tax obligation. One such credit is the unified tax credit, so named because federal gift and estate taxes are integrated into one unified tax system. The extent of the benefit provided by the unified tax credit depends on the tax year in which you intend to use the credit.
No, alcohol is considered a different class of chemicals than carbohydrates, even though alcohol can be derived from carbohydrates.
The term carbohydrate was originally used to describe compounds that were literally hydrates of carbon because they had the empirical formula CH 2 O. In recent years, carbohydrates have been classified on the basis of their structures, not their formulas. They are now defined as polyhydroxy aldehydes and ketones.