Glossary

A tax-free monthly payment to eligible families to help with the cost of raising children under 18. The amount depends on your family income and number of children. You must file a tax return each year to keep receiving it, even if your income is zero.

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Related terms

• Net income

  The amount of money you actually take home after all deductions. This is the number that matters for budgeting because it reflects what you actually have to work with each pay period.