Dependent (redirected from dependant)

Dependent

A person who relies on someone else for financial support. The taxpayer supporting the dependent is allowed to claim dependency exemptions.

Notes:

This is generally known as people who are under 14 and over 65.

See also: Adoption Credit, Child Tax Credit, Exempt Income, Exemption, Head of Household, Kiddie Tax, Member of Household, Special Needs Child

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Dependent

Acceptance of a capital budgeting project contingent on the acceptance of another project.