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
If these credits expire, many marketplace enrollees will continue to qualify for a smaller tax credit, while others will lose eligibility.
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Cheryl Winokur Munk, CNBC, 31 Oct. 2025
Graham’s premium is currently $258 per month after the ACA tax credit is factored in.
—Justin Gomez, ABC News, 30 Oct. 2025
The expansion to the tax credit program was mostly targeted at the format, long an anchor of production in the state that provides recurring jobs season after season.
—Winston Cho, HollywoodReporter, 23 Oct. 2025
Second, Tesla’s sales were largely booming last quarter because customers scrambled to nab electric cars before a US tax credit expired.
—Chris Isidore, CNN Money, 22 Oct. 2025
See All Example Sentences for tax credit
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Cheryl Winokur Munk, CNBC, 31 Oct. 2025
Graham’s premium is currently $258 per month after the ACA tax credit is factored in.
—Justin Gomez, ABC News, 30 Oct. 2025
The expansion to the tax credit program was mostly targeted at the format, long an anchor of production in the state that provides recurring jobs season after season.
—Winston Cho, HollywoodReporter, 23 Oct. 2025
Second, Tesla’s sales were largely booming last quarter because customers scrambled to nab electric cars before a US tax credit expired.
—Chris Isidore, CNN Money, 22 Oct. 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 3 Nov. 2025.
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