Chapt 9 Word Matching Exercise.docx - Chapt 9 Word Matching Exercise 1 A tax credit based on the number of children under the age of 17 in a household

Chapt 9 Word Matching Exercise.docx - Chapt 9 Word Matching...

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Chapt 9 Word Matching Exercise 1. A tax credit based on the number of children under the age of 17 in a household. Child 2. The type of income that triggers the application of the kiddie tax. Unearned 3. The tax penalty associated with the progressive income tax schedules used by those who are not single. Marriage 4. The type of exemption that a parent claims for children living in his/her home. Dependency 5. The tax calculated on the taxable income of a child under 19 years of age, using the parents' marginal tax rates. Kiddie 6. The support agreement that allows someone who is providing less than 50%
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