Examlex
What happens if you lack a particular liver enzyme involved in metabolizing alcohol?
Taxpayer Contribution Amount
The sum of money contributed by a taxpayer towards taxes, retirement accounts, or other eligible investments, potentially affecting tax calculations.
AGI
Adjusted Gross Income is gross income minus adjustments to income, serving as a key figure in determining taxable income and eligibility for certain tax benefits.
Qualifying Child
A dependent child who meets specific IRS criteria concerning age, relationship, residency, and support, allowing the taxpayer to claim certain tax benefits.
EIC
The Earned Income Credit is a refundable tax credit designed for individuals and families with low to moderate income who work, especially those with children.
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