What Is the Doctrine of Chances

question 46

Essay

What is the doctrine of chances?

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Definitions:

Earned Income Credit

A refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.

Lifetime Learning Credit

A tax credit available to students to offset the costs of tuition, fees, and other education expenses at eligible educational institutions.

Child And Dependent Care Expenses Credit

A tax credit available to taxpayers who pay for childcare or dependent care while they work or look for work.

Dependent Children

Children who are financially supported by a parent or guardian and meet specific criteria, qualifying the parent to receive tax benefits; a reiteration with emphasis on the criteria aspect.