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Working Families Tax Credit
noun
- (in Britain) a means-tested allowance paid to single parents or families who have at least one dependent child, who work at least 16 hours per week, and whose earnings are low. It replaced family credit
Example Sentences
The Legislature has also recently begun to fund a state tax credit for low- and moderate-income families, known as the Working Families Tax Credit.
About 400,000 Washington families are eligible for up to $1,200 through the Working Families Tax Credit, which had been in state law for years but was funded for the first time by lawmakers in 2021.
The Working Families Tax Credit represents a move to shift the burden, by giving some money back to the state’s lowest earners.
Hundreds of thousands of eligible Washington families have not yet applied for the state’s new Working Families Tax Credit, which gives up to $1,200 to low-income families and individuals.
Nearly 400,000 households are eligible for Washington’s new Working Families Tax Credit, which will give as much as $1,200 a year to low-income working families.
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