Partially Refundable Tax Credits
07/06/2022 Other Services
Price: Free
Description
Some tax credits are only refundable, partly like the investment tax credit. Another instance is the AOTC or American Opportunity Tax Credit for post-secondary education students. When taxpayers lessen their liability to $0 before using the whole portion of the $2,500 deduction, they take a left out as a refundable credit of less than 40% of the left or $1,000.
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Business Tax Benefits
Individual
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