Phrases with «income threshold»

The "income threshold" refers to the minimum amount of money a person or household needs to earn in order to be eligible for a certain benefit, program, or exemption. It is the point at which a person's income crosses a specific limit, determining their eligibility for financial assistance or certain privileges. Full definition

Related phrases

Sentences with «income threshold»

  • So your tax bracket applies only to the amount you earn above the minimum income threshold for that bracket. (businessinsider.com)
  • There's a certain income threshold below which she doesn't have to file. (money.stackexchange.com)
  • A startling change with regard to the child tax credit is the adjusted gross income thresholds at which the credit gets phased out. (wisemoneytips.com)
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