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
Word about leases and price of a Rivian Rivian does leases in some states and includes the $7,500 federal tax credit over the term of the lease.
—
Brooke Crothers, Forbes.com, 27 Apr. 2025
Typically such incentives are paid either through a tax credit or a government check, similar to the stimulus checks that were given to millions of households during the pandemic.
—Anne Marie D. Lee, CBS News, 25 Apr. 2025
The truck will start around $27,000, or $20,000 after the federal tax credit (if the Trump administration doesn't kill it), and be available in 2026, TechCrunch reports.
—Emily Forlini, PC Magazine, 25 Apr. 2025
Plus, the $7,500 federal tax credit drops the starting price to under $20,000, according to Chris Barman, Slate's CEO.
—Morgan Korn, ABC News, 25 Apr. 2025
See All Example Sentences for tax credit
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Brooke Crothers, Forbes.com, 27 Apr. 2025
Typically such incentives are paid either through a tax credit or a government check, similar to the stimulus checks that were given to millions of households during the pandemic.
—Anne Marie D. Lee, CBS News, 25 Apr. 2025
The truck will start around $27,000, or $20,000 after the federal tax credit (if the Trump administration doesn't kill it), and be available in 2026, TechCrunch reports.
—Emily Forlini, PC Magazine, 25 Apr. 2025
Plus, the $7,500 federal tax credit drops the starting price to under $20,000, according to Chris Barman, Slate's CEO.
—Morgan Korn, ABC News, 25 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 3 May. 2025.
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