tax credit
noun
: an amount of money that is subtracted from taxes owed
Families with children in college will receive a tax credit this year.
Examples of tax credit in a Sentence
Recent Examples on the Web
As part of the 2021 stimulus bill, Bennet won inclusion of a massive expansion of the federal child tax credit, in the form of $300 monthly checks to parents.
—
Nick Coltrain, Denver Post, 11 Apr. 2025
Pol proposed an amendment to increase the aggregate amount of state tax credits awarded under the affordable and workforce housing tax credit from $30 million to $60 million.
—Alexandra Kukulka, Chicago Tribune, 10 Apr. 2025
In a significant development for the tax credit and incentives (C&I) technology sector, Incentify has announced the successful closure of a $9.5 million Series A funding round.
—Josipa Majic Predin, Forbes.com, 3 Apr. 2025
Nest has been championing an unscripted UK tax credit of late, as costs soar and the middle falls out the market.
—Max Goldbart, Deadline, 1 Apr. 2025
See All Example Sentences for tax credit
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Nick Coltrain, Denver Post, 11 Apr. 2025
Pol proposed an amendment to increase the aggregate amount of state tax credits awarded under the affordable and workforce housing tax credit from $30 million to $60 million.
—Alexandra Kukulka, Chicago Tribune, 10 Apr. 2025
In a significant development for the tax credit and incentives (C&I) technology sector, Incentify has announced the successful closure of a $9.5 million Series A funding round.
—Josipa Majic Predin, Forbes.com, 3 Apr. 2025
Nest has been championing an unscripted UK tax credit of late, as costs soar and the middle falls out the market.
—Max Goldbart, Deadline, 1 Apr. 2025
See All Example Sentences for tax credit
Cite this Entry
“Tax credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20credit. Accessed 25 Apr. 2025.
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