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AOTC may refer to: . American Opportunity Tax Credit, a partially refundable tax credit detailed in Section 1004 of the American Recovery and Reinvestment Act of 2009.; Star Wars: Episode II – Attack of the Clones, a Star Wars film
American Opportunity Tax Credit; B. Business Energy Investment Tax Credit; C. Canada workers benefit; Caregiver tax credit; Child and Dependent Care Credit;
Harris’ Opportunity Economy tax plan includes expanding the child tax credit up to $3,600 per child, as well as a new $6,000 child tax credit for families with children in the first year of life.
Chaka Fattah (born Arthur Wesley Davenport; [1] [2] November 21, 1956) is an American politician who served as a Democratic member of the U.S. House for Pennsylvania's 2nd congressional district from 1995 to 2016.
Credit (from Latin verb credit, meaning "one believes") is the trust which allows one party to provide money or resources to another party wherein the second party does not reimburse the first party immediately (thereby generating a debt), but promises either to repay or return those resources (or other materials of equal value) at a later date ...
Tax credit equals $0.34 for each dollar of earned income for income up to $10,540. For income between $10,540 and $19,330, the tax credit is a constant "plateau" at $3,584. For income between $19,330 and $41,765, the tax credit decreases by $0.1598 for each dollar earned over $19,330. For income over $41,765, the tax credit is zero. [37]
The tax credit originated with the American Jobs Creation Act of 2004. The credit was capped at $3,500 per mile of track, with eligibility for Class II and Class III railroads, any shippers who transport property using a Class II or Class III railroad, and companies that perform maintenance on or provide material to qualified railroads. [5]