home/glossary/Tax Credit

Tax Credit

nounverified·updated May 18, 2026

a direct reduction in tax liability (not dependent on the taxpayer's tax bracket)

MWE

Classifications

Entity Type

Unknownauthoritativeglossary_import_default_pending_classifier
?unassignedlast reviewed

Sensitivity

unclassified

Information Class

unclassified

Variants

plural
Tax Credits
possessive
Tax Credit's
pluralpossessive
Tax Credits'