OSHA Stands for

question 2

Multiple Choice

OSHA stands for

• A)Overseas Health Administration.
• B)Occupational Safety and Health Act.
• C)Oregon State Humanities Association.
• D)Old Seniors Housing Administration.

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Definitions:

Qualifying Children

Dependents who meet specific IRS criteria regarding relationship, age, residency, and support, impacting eligibility for certain tax benefits.

EIC

Earned Income Credit, a refundable tax credit aimed at low- to moderate-income working individuals and families, particularly those with children, to reduce their tax liability and potentially qualify for a tax refund.

Foreign Income Tax

Taxes paid on income earned from sources outside the taxpayer's country of residence.

Foreign Tax Credit

A credit that reduces the U.S. federal income tax liability for taxpayers paying or accruing income tax to foreign countries, preventing double taxation.