A fuller guide to this term is on the way. In the meantime, the related terms below explain the ideas around it.
Related Brickyard terms
- Child Tax CreditA tax credit for parents that reduces what they owe for each qualifying child under a certain age.
- Filing StatusA category based on your marital and household situation that affects your tax rates, deductions, and eligibility.
- Earned Income Tax Credit (EITC)A refundable credit for low-to-moderate income workers that grows with earnings up to a limit, then phases out.
- Tax ReturnThe annual form you file to report income, claim deductions and credits, and settle up what you owe or are owed.
- Taxable IncomeThe portion of your income left after deductions that the government actually applies tax rates to.
Turn this into a brick
Knowing what Dependent means is knowledge — the first half. A brick gets placed when you act on it.
More in Taxes
1099Adjusted Gross Income (AGI)Alternative Minimum Tax (AMT)Capital Gains TaxDividend TaxEarned Income
Plain-English education — not personalized legal, tax, or investment advice.