Tag Archives: refundable credit
Not much can make you happy when it’s time to pay taxes. During the tax season, the tax credit can be your friend and ally, so it is important to know for which credits you can qualify. Tax credits reduce the amount of tax that you pay and some of them are even reimbursable. You […]
— Read moreNot every taxpayer is required to file a return. Depending on your income level, you may be entitled to claim more in deductions and credits than you’ve earned for the year. In these situations, you aren’t required to file a tax return since you have no taxable income to report to the IRS. Let’s say […]
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