X

We detected that you're visiting our site from the UK. Would you like to visit the ChaCha UK website?

Tax Credit

Tax Credit

Tax credits are deducted from the various forms of tax, which must be filed through the federal government, state, or local municipality. Most people think of tax credits as a discount.

Top Questions Asked on ChaCha.com for Tax Credit

In the Last:
Day | Week | Month

  1. What is the income cut off to qualify for the earned income tax credit?

    The income cut off limit for the earned income tax credit dep...

  2. How many children can you claim on child tax credit? How much per child if claiming 3?

    You can claim all your children on the tax credit. The maximu...

  3. Can you get the earned income tax credit on a 17 year old child?

    To qualify for Earned Income Credit, a child must be under th...

  4. Is there a working tax credit for 2011?

    There are tax credits for new home owners, child care, educat...

  5. What is tax credit screening?

    Tax credit is a state benefit paid to workers through the tax...

  1. How many children can you claim on child tax credit? How much per child if claiming 3?

    You can claim all your children on the tax credit. The maximu...

  2. What is the income cut off to qualify for the earned income tax credit?

    The income cut off limit for the earned income tax credit dep...

  3. What is Earned Income Tax Credit?

    The Earned Income Tax Credit is available to those low income...

  4. What is tax credit screening?

    Tax credit is a state benefit paid to workers through the tax...

  5. Can you get the earned income tax credit on a 17 year old child?

    To qualify for Earned Income Credit, a child must be under th...

  1. How many children can you claim on child tax credit? How much per child if claiming 3?

    You can claim all your children on the tax credit. The maximu...

  2. Can you get the earned income tax credit on a 17 year old child?

    To qualify for Earned Income Credit, a child must be under th...

  3. What is the new deadline for the extended tax credit when buying a home?

    The credit now can be claimed by anyone buying a home who has...

  4. What are tax credits?

    The term tax credit describes two different concepts: The fir...

  5. What is tax credit screening?

    Tax credit is a state benefit paid to workers through the tax...

Top Questions Asked on ChaCha Mobile for Tax Credit

In the Last:
Week | Month

  1. What is the cut off age for getting child tax credit?

    The year a child turns 17 they become disqualified for the Ch...

  2. What is Earned Income Tax Credit?

    The Earned Income Tax Credit is available to those low income...

  3. What is a tax credit?

    A tax credit is a credit that reduces income tax owed. If you...

  4. Does the IRS take credit card payments for taxes?

    Yes, taxpayers can make a payment by credit or debit card to ...

  5. What tax form does a college student need to file for the college tax credit?

    For the tax year, you may be able to claim a lifetime learnin...

  1. What is Earned Income Tax Credit?

    The Earned Income Tax Credit is available to those low income...

  2. How do you qualify for the earned income credit tax exemption credit?

    To qualify for Earned Income Tax Credit or EITC or simply cal...

  3. What is the Child Tax Credit for tax year 2011?

    The Child Tax Credit allows you to claim a maximum $1,000 per...

  4. What is The earned income tax credit?

    The Earned Income Credit is a tax credit for certain people w...

  5. What are the qualifications for child tax credit?

    To qualify for the child tax credit, your married filing join...

About Tax Credit

Tax credits are reasons for deductions on the various taxes in which residents of the United States must pay. The reason for these deductions is that these taxes have already been paid or donated and can be 'refunded' to you in the form of a credit from the amount that's owed to the government.

Some reasons for deductions include: low income, renewable energy use, children, commuting, and many, many other reasons.

Please seek a tax professional for further information on tax credits and what's available to you.

Related Images

See all images »

Recent Tax Credit Questions

PREV 1 2 3 4 5 6 7 8 9 10 ... NEXT
1,379 Answers
Advertisement
›
›
›
›
Tax Credit