A Trump-backed spending bill that passed the US Senate Tuesday would increase the maximum amount families can receive for a ...

Congress temporarily boosted the value of the Child Tax Credit (CTC) and expanded the maximum credit, for the first time, to ...

The Senate has passed its version of the One Big Beautiful Bill Act - with an expanded Child Tax Credit (CTC) for American ...

Explore the proposed changes to the Child Tax Credit, including new eligibility rules and a capped refund amount.

The legislation sought to establish a prison industries workforce development tax credit -- a non-refundable tax credit equal to 10% of the cost of purchased components of final manufactured ...

For non-refundable tax credits, once a taxpayer’s amount owed gets to zero, they won’t get any leftover amount back as a refund. Nonrefundable tax credits are valid in the year of reporting only, ...

"In order to claim the Earned Income Tax Credit (EITC), you must have what qualifies as earned income and meet certain credit and adjusted gross income (AGI) limits for the current, prior and next ...

Parents in Kano State have lamented the failure of the Kano Educational Resource Department Qualifying Unit to refund the qualifying examination fees of their children. The fees, put at ₦26,500 ...

A refundable tax credit means you may be eligible for a tax refund. Non-refundable tax credit does not lead to a tax refund, even if you qualify for the maximum amount.

If that $2,500 was in non-refundable tax credits, your tax bill would be reduced to $0, but you wouldn’t get a refund. Common Canadian tax credits ...