Examlex
The entire system-building effort begins with and is driven by:
Qualifying Child
A Qualifying Child is a dependent of a taxpayer who meets specific IRS criteria, making the taxpayer eligible for certain tax benefits.
Tests
Evaluations or assessments to determine compliance with specific regulations, conditions, or standards.
Qualify
To qualify means to meet the established criteria or conditions required for a certain status, activity, or benefit.
Tax Liability
The cumulative taxes that must be paid to a taxing authority by an individual, corporation, or other legal entity.
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