Examlex
Not everyone can travel to a remote area of the world to protect a rare habitat, but there are choices each of us can make each day to reduce habitat destruction and slow the rate of species extinction. What action could you take to reduce habitat destruction caused by the mining, drilling, and transport of fossil fuels?
Qualified Expenses
Expenses that meet criteria set by tax law or other regulations for tax benefits or deductions.
Felony Drug Possession
A serious criminal charge involving the unauthorized possession of controlled substances, which is illegal under federal and state laws.
Education Credits
Tax credits offered to taxpayers to offset the costs of higher education for themselves or their dependents.
Qualifying Child
A dependent who meets specific IRS criteria regarding relationship, age, residency, support, and joint return for eligibility in certain tax benefits.
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