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5 Usage Examples Depicting the Meaning of 'Exemption' in a Sentence

"The conditions or factors, such as age or number of dependents, that enable a taxpayer to qualify for specific deductions from taxable income." more

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The exemption's conditions vary based on the taxpayer's marital status.
His exemption's validity will be crucial during the tax audit.
Understanding the exemption's rules is essential for accurate tax filing.
She questioned the exemption's fairness in the context of income inequality.
The exemption's impact on small businesses is a topic of ongoing debate.

Exemption

ig-zemp-shuhn
nounThe conditions or factors, such as age or number of dependents, that enable a taxpayer to qualify for specific deductions from taxable income.

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Last Updated On: August 2, 2024
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