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jct.
abbreviation for
- junction.
Example Sentences
The JCT found that the former president paid no taxes in 2020.
The JCT report also sheds light on some of the large charitable deductions that Trump claimed on his tax returns, which can reduce the amount of income tax owed.
One area that observers have flagged as potentially dubious is the interest Trump claimed he received on loans to his children, a possible indication that he was trying to hide gifts, according to the JCT.
As the report notes, the documents have been being reviewed by tax experts since late last month, and there are now questions being posed in a report from the JCT.
The JCT report, for instance, suggests that Trump received significant income from overseas while in office.
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