dependent

dependent definition - business

dependent

A person who relies on another for support. For tax purposes, the IRS requires that a dependent meet specific standards in order to be classified as a qualifying child or qualifying relative.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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