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
About 24 million Americans rely on the tax credit for health care.
—
Mandy Taheri, MSNBC Newsweek, 5 Dec. 2025
Interim Jackson County Executive Phil LeVota on Thursday rolled out more details about how the new tax credit program – which could bring unprecedented direct compensation to residents still frustrated by steep increases in the 2023 tax cycle – will work.
—Ilana Arougheti, Kansas City Star, 4 Dec. 2025
California tax credit to relocate to Los Angeles.
—Nellie Andreeva, Deadline, 4 Dec. 2025
Former President Joe Biden’s emergency expansion of the child tax credit nearly halved the share of children living in poverty in 2021.
—David Goldman, CNN Money, 4 Dec. 2025
See All Example Sentences for tax credit
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Mandy Taheri, MSNBC Newsweek, 5 Dec. 2025
Interim Jackson County Executive Phil LeVota on Thursday rolled out more details about how the new tax credit program – which could bring unprecedented direct compensation to residents still frustrated by steep increases in the 2023 tax cycle – will work.
—Ilana Arougheti, Kansas City Star, 4 Dec. 2025
California tax credit to relocate to Los Angeles.
—Nellie Andreeva, Deadline, 4 Dec. 2025
Former President Joe Biden’s emergency expansion of the child tax credit nearly halved the share of children living in poverty in 2021.
—David Goldman, CNN Money, 4 Dec. 2025
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 9 Dec. 2025.
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