Examlex
Combine the numbers.
-12 + (-18) - (-1) - 7
EIC
The Earned Income Credit, a refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.
Tax Liability
The total amount of tax that an individual or business is legally obligated to pay to a taxing authority.
Premium Tax Credit
A refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Marketplace.
Household Income
Represents the total gross income of all members of a household, encompassing all sources of income including salaries, bonuses, dividends, and any other income streams before taxes.
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