Examlex
What would be the major product of the following reaction?
Child Tax Credit
A tax credit offered by the government which reduces tax liability for taxpayers with dependent children.
AGI
The Adjusted Gross Income is a figure obtained from your gross earnings, serving the purpose of determining the taxable part of your income.
Single
A filing status for individuals not married, divorced, or legally separated, affecting the tax rates and deductions they qualify for.
Child Tax Credit
A tax credit available to taxpayers for each qualifying dependent child, aimed at reducing the taxpayer's liability on a dollar-for-dollar basis.
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