This is the 8486th most frequent German word.
kinderfreibetrag
"Kinderfreibetrag" is a tax exemption in Germany for parents, reducing taxable income to account for child-related expenses.
In this sentence, 'Kinderfreibetrag' refers to an allowance for children in taxation, emphasizing its benefit in tax savings.
Der Kinderfreibetrag kann helfen, Steuern zu sparen.
The child allowance can help save taxes.
Here, 'Kinderfreibetrag' is mentioned in the context of applying for tax relief, signifying its procedural aspect in financial planning.
Eltern sollten den Kinderfreibetrag beantragen, um von steuerlichen Vorteilen zu profitieren.
Parents should apply for the child allowance to benefit from tax advantages.
The term 'Kinderfreibetrag' in this instance is being described and clarified by a tax advisor, highlighting its complexity and necessity for understanding.