dependency exemption

  • 1dependency exemption — see exemption Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …

    Law dictionary

  • 2dependency exemption — An amount which may be subtracted in computing taxable income for each person who qualifies as a dependent of the taxpayer and whose gross income is less than the exemption amount or who is a child of the taxpayer and who has either not attained… …

    Black's law dictionary

  • 3dependency exemption — An amount which may be subtracted in computing taxable income for each person who qualifies as a dependent of the taxpayer and whose gross income is less than the exemption amount or who is a child of the taxpayer and who has either not attained… …

    Black's law dictionary

  • 4exemption — ex·emp·tion /ig zemp shən/ n 1: the act of exempting or state of being exempt 2: one that exempts or is exempted: as a: an amount of income exempted from taxation that may be deducted from adjusted gross income under the tax laws see also… …

    Law dictionary

  • 5exemption — Freedom from a general duty or service; immunity from a general burden, tax, or charge. Immunity from service of process or from certain legal obligations, as jury duty, military service, or the payment of taxes. See also immunity A privilege… …

    Black's law dictionary

  • 6exemption — Freedom from a general duty or service; immunity from a general burden, tax, or charge. Immunity from service of process or from certain legal obligations, as jury duty, military service, or the payment of taxes. See also immunity A privilege… …

    Black's law dictionary

  • 7Exemption — A deduction allowed by law to reduce the amount of income that would otherwise be taxed. An exemption is based on a status or circumstance rather than economic standing. There are two types of exemptions: personal and dependency. An example of an …

    Investment dictionary

  • 8dependent — de·pen·dent 1 adj 1: determined or conditioned by another: contingent 2 a: relying on another for esp. financial support b: lacking the necessary means of support or protection and in need of aid from others (as a public agency) have the child… …

    Law dictionary

  • 9Child and Dependent Care Credit — Part of a series on Taxation Taxation in the United States …

    Wikipedia

  • 10Tax bracket — Tax brackets are the divisions at which tax rates change in a progressive tax system (or an explicitly regressive tax system, although this is much rarer). Essentially, they are the cutoff values for taxable income mdash; income past a certain… …

    Wikipedia

  • 11Gross-Income Test — One of the five necessary tests that dependents must pass before they can be claimed as such in the U.S. The gross income test mandates that dependents cannot earn more than a certain amount each year. This test only applies to potential… …

    Investment dictionary

  • 12Child tax credit — Taxation An aspect of fiscal policy …

    Wikipedia

  • 13Member Of Household — A person who is claimed as a dependent when filing year end tax forms. Such a dependent allows a taxpayer to qualify for the dependency exemption. A member of household can be a relative or a non relative, but in order for a non relative to be… …

    Investment dictionary

  • 14dependent — I n. One who derives his or her main support from another. Means relying on, or subject to, someone else for support; not able to exist or sustain oneself, or to perform anything without the will, power, or aid of someone else. Fox Vliet… …

    Black's law dictionary

  • 15dependent — I n. One who derives his or her main support from another. Means relying on, or subject to, someone else for support; not able to exist or sustain oneself, or to perform anything without the will, power, or aid of someone else. Fox Vliet… …

    Black's law dictionary

  • 16List of Statutory Instruments of the United Kingdom, 1988 — NOTOC This is a complete list of all 1558 Statutory Instruments published in the United Kingdom in the year 1988.1 100* Origin of Goods (Petroleum Products) Regulations 1988 S.I. 1988/1 * Export of Sheep (Prohibition) (No.2) Amendment Order 1988… …

    Wikipedia

  • 17china — /chuy neuh/, n. 1. a translucent ceramic material, biscuit fired at a high temperature, its glaze fired at a low temperature. 2. any porcelain ware. 3. plates, cups, saucers, etc., collectively. 4. figurines made of porcelain or ceramic material …

    Universalium

  • 18China — /chuy neuh/, n. 1. People s Republic of, a country in E Asia. 1,221,591,778; 3,691,502 sq. mi. (9,560,990 sq. km). Cap.: Beijing. 2. Republic of. Also called Nationalist China. a republic consisting mainly of the island of Taiwan off the SE coast …

    Universalium

  • 19List of Statutory Instruments of the United Kingdom, 1992 — This is a complete list of all 1922 Statutory Instruments published in the United Kingdom in the year 1992. NOTOC 1 100* North Hull Housing Action Trust (Transfer of Property) Order 1992 S.I. 1992/1 * Merchant Shipping (Radio Installations)… …

    Wikipedia

  • 20List of Statutory Instruments of the United Kingdom, 1989 — NOTOC This is a complete list of all 1534 Statutory Instruments published in the United Kingdom in the year 1989.1 100* Criminal Justice Act 1988 (Commencement No. 5) Order 1989 S.I. 1989/1 * Food Protection (Emergency Prohibitions) (Wales)… …

    Wikipedia