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
These included a $7,500 tax credit to entice people to buy an EV, billions of dollars of manufacturing subsidies, free charging stations, choice parking spaces and other special treatments.
—
Stephen Moore, Boston Herald, 26 Feb. 2026
That avoids lease financing costs while still taking advantage of the remaining federal tax credit, assuming companies pass the savings onto the customer.
—Jeff Brady, NPR, 25 Feb. 2026
That's after accounting for a premium tax credit of $179 a month.
—Greg Iacurci, CNBC, 24 Feb. 2026
Netflix earlier this month opened a new headquarters in Mexico City in a push for more Spanish-language originals for its global network after Mexico unveiled a 30 percent film tax credit to encourage production on movies and TV series, including for streaming platforms.
—Etan Vlessing, HollywoodReporter, 24 Feb. 2026
See All Example Sentences for tax credit
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Stephen Moore, Boston Herald, 26 Feb. 2026
That avoids lease financing costs while still taking advantage of the remaining federal tax credit, assuming companies pass the savings onto the customer.
—Jeff Brady, NPR, 25 Feb. 2026
That's after accounting for a premium tax credit of $179 a month.
—Greg Iacurci, CNBC, 24 Feb. 2026
Netflix earlier this month opened a new headquarters in Mexico City in a push for more Spanish-language originals for its global network after Mexico unveiled a 30 percent film tax credit to encourage production on movies and TV series, including for streaming platforms.
—Etan Vlessing, HollywoodReporter, 24 Feb. 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 28 Feb. 2026.
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