Examlex
What is mind mapping? What are the benefits of this approach?
AGI
Adjusted Gross Income, which is total income adjusted by certain allowable deductions, serving as the base for calculating taxable income.
Qualifying Expenses
Expenses that are determined to be necessary and deductible under tax law for various benefits like education savings accounts or business expenses.
Child and Dependent
Terms used in tax law to refer to individuals for whom the taxpayer provides more than half of financial support, qualifying the taxpayer for certain deductions.
Care Expense Credit
A tax credit available for expenses incurred in caring for a qualifying individual to allow the taxpayer to work or look for work.
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