Refundable tax credits - Internal Revenue Service
WEBA refundable tax credit is a credit you can get as a refund even if you don't owe any tax. Tax credits are amounts you subtract from your bottom-line tax due when you file your tax return. Most tax credits can reduce your tax only until it reaches $0.
REFUNDABLE | definition in the Cambridge English Dictionary
WEBused to describe money that you pay that is able to be paid back: a refundable deposit. Subscriptions are not refundable. COMMERCE. able to be returned after you have …
Refundable Definition & Meaning - Merriam-Webster
WEBrefunded; refunding; refunds. Synonyms of refund. transitive verb. 1. : to give or put back. 2. : to return (money) in restitution, repayment, or balancing of accounts. refundability. ri …
REFUNDABLE | English meaning - Cambridge Dictionary
WEBused to describe money that you pay that is able to be paid back: a refundable deposit. Subscriptions are not refundable. COMMERCE. able to be returned after you have bought it: At some airlines, passengers can take advantage of …
What is a Refundable Tax Credit? - Intuit TurboTax Blog
WEBFeb 26, 2024 · Refundable tax credits can put money in your pocket come tax time. Learn more about which credits are refundable and how they work with this TurboTax guide.
REFUNDABLE definition and meaning | Collins English Dictionary
WEBA refundable payment will be paid back to you in certain circumstances. A refundable deposit is payable on arrival. American English : refundable / rɪˈfʌndəbəl /
Refundable - Definition, Meaning & Synonyms - Vocabulary.com
WEBSomething is refundable when you are allowed to return it and get your money back. Go ahead and buy that refundable plane ticket — you can always change your mind! Most goods are refundable, although sometimes you need to show your receipt to prove that you made the purchase.
refundable adjective - Definition, pictures, pronunciation and …
WEBa sum of money that you pay that is refundable will be paid back later if particular conditions are met. Definition of refundable adjective in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage …
Refundable - definition of refundable by The Free Dictionary
WEBDefine refundable. refundable synonyms, refundable pronunciation, refundable translation, English dictionary definition of refundable. v. re·fund·ed , re·fund·ing , re·funds v. tr. To give back, especially money; return or repay: refunded the …
How Do Refundable Tax Credits Work? – Forbes Advisor
WEBJun 2, 2023 · A refundable tax credit is a state or federal credit that can put cash in your pocket regardless of your tax liability. First, a refundable credit reduces your tax bill dollar for dollar.