Examlex
Which of the following is a part of self-definition?
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.
Premium Tax Credit
A refundable credit that helps eligible individuals and families cover the premiums for their health insurance purchased through the Marketplace.
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