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
Rerouting the current $17,670 adoption tax credit to married parents for each of their own newborns, as long as one parent is employed.
—
Kate Perez, USA Today, 11 Feb. 2026
Even with the consumer tax credit and other incentives, EVs made up around 10% of new car sales in 2024, and growth of EVs had flagged as mainstream buyers were slow to embrace them.
—Camila Domonoske, NPR, 11 Feb. 2026
The bill includes a tax credit for businesses that provide housing for employees.
—Larry J. Walker, The Orlando Sentinel, 11 Feb. 2026
Without scholarships or tax credit programs, lower- and middle-income families who seek a better option are effectively locked out.
—Paul Vallas, Chicago Tribune, 9 Feb. 2026
See All Example Sentences for tax credit
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Kate Perez, USA Today, 11 Feb. 2026
Even with the consumer tax credit and other incentives, EVs made up around 10% of new car sales in 2024, and growth of EVs had flagged as mainstream buyers were slow to embrace them.
—Camila Domonoske, NPR, 11 Feb. 2026
The bill includes a tax credit for businesses that provide housing for employees.
—Larry J. Walker, The Orlando Sentinel, 11 Feb. 2026
Without scholarships or tax credit programs, lower- and middle-income families who seek a better option are effectively locked out.
—Paul Vallas, Chicago Tribune, 9 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 13 Feb. 2026.
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