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 film is financed by Alex Lebovici’s Hammerstone Studios, in a reunion with Barbarian collaborators Cregger and Lee, and is shooting in Los Angeles under a California tax credit this month.
—
Matt Grobar, Deadline, 9 June 2026
Pausing the incentives also means temporarily suspending tax credit rules that require data center projects that claim the credits to enter into labor agreements before construction begins to set wages, benefits, and working conditions — a beneficial policy for unions.
—Jack O'Connor, Chicago Tribune, 6 June 2026
The indictment, filed in the Eastern District of Kentucky, charges Robinson with fraudulently selling millions of dollars of the same IRS tax credit to two companies.
—Alex Acquisto, ProPublica, 5 June 2026
The Broadway League, the trade association for Broadway producers and general managers, had been lobbying for the tax credit anew once the industry realized the credit may run out of funds last summer.
—Caitlin Huston, HollywoodReporter, 4 June 2026
See All Example Sentences for tax credit
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Matt Grobar, Deadline, 9 June 2026
Pausing the incentives also means temporarily suspending tax credit rules that require data center projects that claim the credits to enter into labor agreements before construction begins to set wages, benefits, and working conditions — a beneficial policy for unions.
—Jack O'Connor, Chicago Tribune, 6 June 2026
The indictment, filed in the Eastern District of Kentucky, charges Robinson with fraudulently selling millions of dollars of the same IRS tax credit to two companies.
—Alex Acquisto, ProPublica, 5 June 2026
The Broadway League, the trade association for Broadway producers and general managers, had been lobbying for the tax credit anew once the industry realized the credit may run out of funds last summer.
—Caitlin Huston, HollywoodReporter, 4 June 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 14 Jun. 2026.
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