Non-refundable credits

/Tag:Non-refundable credits

Glossary: Additional Child Tax Credit

By | April 25th, 2016|Categories: Glossary, Potpourri of Tax Topics|Tags: , , , , , |

The ""Additional Child Tax Credit" is the portion of the child tax credit that is fully refundable regardless of a taxpayer's taxable income.

The Iowa School Tuition Organization Tax Credit

By | September 30th, 2015|Categories: Potpourri of Tax Topics|Tags: , , , |

Image courtesy of user jarmoluk on Iowa offers dozens of obscure tax credits. The one I get asked about most is the tax credit available for donations to a "school tuition organization" or STO. Here's how the Iowa Department of Revenue defines an STO: A school tuition organization must be a charitable organization [...]