Dependent Records Artists
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A dependant is a person who relies on another as a primary source of
income Income is the consumption and saving opportunity gained by an entity within a specified timeframe, which is generally expressed in monetary terms. Income is difficult to define conceptually and the definition may be different across fields. For ...
. A common-law spouse who is financially supported by their partner may also be included in this definition. In some jurisdictions, supporting a dependant may enable the provider to claim a
tax deduction Tax deduction is a reduction of income that is able to be taxed and is commonly a result of expenses, particularly those incurred to produce additional income. Tax deductions are a form of tax incentives, along with exemptions and tax credits. T ...
. In the United Kingdom, a full-time student in higher education who financially supports another adult may qualify for an Adult Dependant's Grant.


Taxation

In the US, a taxpayer may claim exemptions for their dependants.


See also

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Military dependent A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...


References

{{reflist Interpersonal relationships