What CHILD AND DEPENDENT CARE CREDIT means: A tax credit of 20-35 percent of employment-related child and dependent care expenses for up to $6,000 of expenses is available to individuals who are employed and maintain a household for a dependent child or disabled spouse or dependent. The expenses must be incurred to enable the taxpayer to be gainfully employed.
- Definition Commission:
- Dictionary The broker's fee for purchasing or selling securities or property for a client. An allowance paid to a salesperson or agent for services rendered child and dependent care credit definition.
- Definition Coverdell Education Savings Account (ESA):
- Dictionary savings plan under which any number of taxpayers may contribute up to a total of $2,000 per year per eligible beneficiary. Contributions are nondeductible. Earnings withdrawals are tax free and child and dependent care credit explain.
- Definition Capital Asset:
- Dictionary all assets are capital assets except those specifically excluded by the tax Code. Major categories of noncapital assets include property held for resale in the normal course of business (inventory child and dependent care credit what is.
- Definition Casualty:
- Dictionary The complete or partial destruction of property resulting from an identifiable event of a sudden, unexpected, or unusual nature child and dependent care credit meaning.
How works Child and Dependent Care meaning in Tax definitions C .
