Examlex
If a person scores a 78 on a test on one day and scores a 79 when retested on another day,you would most likely conclude that the test is ________.
Qualifying Children
are dependents who meet certain conditions regarding relationship, age, residency, and support, affecting tax benefits.
AGI
Adjusted Gross Income, which is gross income minus specific deductions, used to calculate an individual's tax liability.
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.
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