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 House version put an end to this production tax credit scheme for wind and solar, yet the Senate stripped that repeal language out.
—
Newsweek Staff, MSNBC Newsweek, 26 June 2025
Jenkins also emphasized the need for a federal tax credit, in addition to state, in order for tentpole feature productions to remain in California.
—Anthony D'alessandro, Deadline, 24 June 2025
With those fears in mind, municipal leaders, housing advocates, labor unions, historic preservationists and others have called for lawmakers to approve a six-year tax credit that would help developers convert more underused buildings into residences or other uses.
—Frederick Melo, Twin Cities, 21 June 2025
Uncertain future Coleman, who successfully added an amendment to the bill that expanded the disaster damage tax credit, voted against the legislation along with Senate Minority Leader Doug Beck, an Affton Democrat, and Sen. Steve Roberts, a St. Louis Democrat.
—Kacen Bayless, Kansas City Star, 3 June 2025
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Newsweek Staff, MSNBC Newsweek, 26 June 2025
Jenkins also emphasized the need for a federal tax credit, in addition to state, in order for tentpole feature productions to remain in California.
—Anthony D'alessandro, Deadline, 24 June 2025
With those fears in mind, municipal leaders, housing advocates, labor unions, historic preservationists and others have called for lawmakers to approve a six-year tax credit that would help developers convert more underused buildings into residences or other uses.
—Frederick Melo, Twin Cities, 21 June 2025
Uncertain future Coleman, who successfully added an amendment to the bill that expanded the disaster damage tax credit, voted against the legislation along with Senate Minority Leader Doug Beck, an Affton Democrat, and Sen. Steve Roberts, a St. Louis Democrat.
—Kacen Bayless, Kansas City Star, 3 June 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 2 Jul. 2025.
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