Examlex
Which of the following is true regarding newborn infants' vision?
Education Credit Deduction
A tax benefit that reduces the amount of income tax owed by students or their families based on qualified education expenses, intended to decrease the cost of further education.
Qualified Expenses
Specific expenses that meet the criteria to be tax-deductible or eligible for tax credits.
Dependent
A person who relies on another, typically a family member, for financial support and qualifies for certain tax benefits on the supporter's tax return.
Tuition
The charge or fee for instruction, as at a private school or a college or university, often eligible for tax credits or deductions under certain conditions.
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