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Under the normal curve, if the obtained value falls to the right of the critical value, under what percent of the normal curve did it fall?
Tax Credit
An amount subtracted from the income tax owed; the most popular credits are the Child Care Tax Credit and the Earned Income Credit.
Taxable Income
The amount of an individual's or corporation's income used to determine how much tax is owed, calculated as gross income minus deductions and exemptions.
Energy-Efficient Furnace
A heating system designed to use less energy for the same level of heating comfort compared to less efficient models.
Exemption
Information included on tax forms that lowers taxes; exemptions include dependents as well as the taxpayer.
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