Examlex
Which general law(s) tie(s) the gestalt grouping factors together?
Qualifying Child
A dependent who meets specific IRS criteria related to age, relationship, residency, support, and filing status for potential tax benefits.
Head of Household
A tax filing status for individuals living in the U.S. who are unmarried and support a qualifying person, offering more favorable tax rates and deductions.
Adjusted Gross Income (AGI)
A measure of income calculated from your gross income and used to determine how much of your income is taxable.
Standard Deduction
A fixed amount that taxpayers can subtract from their income before income tax is applied, reducing the taxable income, and which varies based on filing status.
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