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Describe and state the historical significance of the following:
-praying towns
Tax Return
The form filed with a tax authority that reports income, expenses, and other pertinent tax information. Taxes payable or refundable are also determined through this document.
Relationship Test
A criterion used in tax law to determine eligibility for dependent-related deductions and credits, based on the taxpayer's relationship to the dependent.
Member of Household Test
A criteria used to determine if someone is a qualifying relative for tax purposes, considering factors like relationship, income, and support.
Qualifying Relatives
Individuals who meet certain IRS criteria allowing a taxpayer to claim them as dependents for tax purposes, potentially reducing taxable income.
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