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 Jackson County legislators consider whether to implement a tax credit program to homeowners who paid inflated property tax bills in 2023, county homeowners and organizations are split on who should bear the cost.
—
Ilana Arougheti,
Kansas City Star,
1 July 2026
House Bill 136 creates a $250 tax credit for children younger than 6 and expands dependent care tax credits.
—
Christopher Harris,
CBS News,
29 June 2026
States are increasingly using tax credits to help families manage the rising cost of raising children, particularly after the temporary federal child tax credit expansion showed how direct tax relief could affect household finances.
—
Kelly Phillips Erb,
Forbes.com,
27 June 2026
Pawlenty said his priorities included pushing for a permitting reform bill to pass Congress this year and for sustained tax credit support for solar panel manufacturing in the US.
—
Tim McDonnell,
semafor.com,
23 June 2026
See All Example Sentences for tax credit
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Ilana Arougheti,
Kansas City Star,
1 July 2026
House Bill 136 creates a $250 tax credit for children younger than 6 and expands dependent care tax credits.
—
Christopher Harris,
CBS News,
29 June 2026
States are increasingly using tax credits to help families manage the rising cost of raising children, particularly after the temporary federal child tax credit expansion showed how direct tax relief could affect household finances.
—
Kelly Phillips Erb,
Forbes.com,
27 June 2026
Pawlenty said his priorities included pushing for a permitting reform bill to pass Congress this year and for sustained tax credit support for solar panel manufacturing in the US.
—
Tim McDonnell,
semafor.com,
23 June 2026
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 5 Jul. 2026.
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