Also known as Cardiac Catheter Ablation Catheter ablation is a procedure that uses energy to make small scars in your heart tissue to prevent abnormal electrical signals from moving through your heart.
Gifts of capital gain property generally are limited to either 30% or 20% of AGI, depending on the donee. The only way to apply the 50% limitation to a gift of capital gain property is to elect to take a reduced charitable contribution (i.e., deduct the propertyâs tax basis instead of its FMV).
The limitation rule cuts the amount of the allowable home mortgage interest deduction in half for married taxpayers who file separate tax returns. The Ninth Circuit relied on this reduced amountâor the absence of a similar reduction for unmarried co-owners of propertyâin reaching its decision in Voss.