tax credit
noun
: an amount of money that is subtracted from taxes owed
Families with children in college will receive a tax credit this year.
Examples of tax credit in a Sentence
Recent Examples on the Web
The end of net monitoring and the tax credit have combined to put solar energy out of the reach of many Indiana families, said Zach Schalk, Indiana program director at Solar United Neighbors.
—
Sophie Hartley, IndyStar, 21 Jan. 2026
The elimination of the tax credit has raised questions about the long-term adoption rates of zero-emission vehicles across the nation’s auto sector.
—Rob Nikolewski, San Diego Union-Tribune, 21 Jan. 2026
However, these taxpayers lost their exemption and tax credit.
—Carrie Brandon Elliot, Forbes.com, 20 Jan. 2026
House Majority Leader Jason Monks, one of the sponsors of the tax credit law, disputed the idea that taxpayer funds were at risk.
—Sarah Cutler, Idaho Statesman, 20 Jan. 2026
See All Example Sentences for tax credit
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Sophie Hartley, IndyStar, 21 Jan. 2026
The elimination of the tax credit has raised questions about the long-term adoption rates of zero-emission vehicles across the nation’s auto sector.
—Rob Nikolewski, San Diego Union-Tribune, 21 Jan. 2026
However, these taxpayers lost their exemption and tax credit.
—Carrie Brandon Elliot, Forbes.com, 20 Jan. 2026
House Majority Leader Jason Monks, one of the sponsors of the tax credit law, disputed the idea that taxpayer funds were at risk.
—Sarah Cutler, Idaho Statesman, 20 Jan. 2026
See All Example Sentences for tax credit
Cite this Entry
“Tax credit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/tax%20credit. Accessed 23 Jan. 2026.
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