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Phantom tax refers to taxes owed on income that isn’t in your pocket. It often arises from reinvested gains or partnership allocations. This can lead to real tax bills for unrealized income. https://protaxconsulting.com/b....log/what-is-phantom- https://protaxconsulting.com/

What is Phantom Tax? Definition, Meaning & ImplicationsProtax Consulting Services

Learn what phantom tax means, how phantom income impacts taxes, its implications, real-life examples, and ways to avoid phantom tax.

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Phantom Tax