必应词典为您提供Refundable-Tax-Credits的释义,网络释义: 可退税的顶税金;可退税税款抵减额;可退款减税;
There are two types of tax credits available for taxpayers: refundable and nonrefundable. Both types offer you the chance to lower the amount of taxes you owe, but refundable credits can also get you a tax refund when you don't owe any tax.
(redirected from Refundable Tax Credits) Refundable Credit A direct, dollar-for-dollar reduction of one's tax liability in which one still receives a tax refund even if one's liability drops below zero. That is, if a taxpayer otherwise owes $2,000 to the government, but takes $3,000 ...
This means that you can get a tax refund even if you don't owe any taxes or aren't required to file a tax return for the year. But you must file a return in order to claim any refundable tax credits you qualify for. Refundable tax credits are calculated after your tax deductions and...
Learn the refundable tax credit definition and understand how it works. Study examples of refundable tax credits and compare the non-refundable tax credits. Updated: 11/21/2023 Table of Contents What is a Refundable Tax Credit? Examples of Refundable Tax Credits Payments to the IRS What is a...
Emmons, David W., Eva Madly, and Stephen A. Woodbury. 2005. "Refundable Tax Credits for Health Insurance: The Sensitivity of Simulated Impacts to Assumed Behavior." Upjohn Institute Working Paper 05-119. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research....
Define Refundable tax credit. Refundable tax credit synonyms, Refundable tax credit pronunciation, Refundable tax credit translation, English dictionary definition of Refundable tax credit. n a social security benefit paid in the form of an additional in
Financing for up to 100% of the refundable tax credits anticipated in one fiscal year The chance to put your refundable tax credits to work immediately A loan guarantee for up to 80% of a net loss The possibility of obtaining additional funding, if required R...
Refundable tax credits are refunded to the taxpayer regardless of the taxpayer's liability. These tax credits are called refundable because they can involve cash payments from the IRS if they put the taxpayer's lability below zero. Some types of taxes cannot be offset by non-refundable taxes an...
refundable Thesaurus Legal Financial Idioms Encyclopedia Related to refundable:Refundable Tax Credits re·fund (rĭ-fŭnd′, rē′fŭnd′) v.re·fund·ed,re·fund·ing,re·funds v.tr. To give back, especially money; return or repay:refunded the purchase price. ...