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  2. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    Money portal. v. t. e. A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases.

  3. What are tax credits and how do they work? - AOL

    www.aol.com/finance/tax-credits-153012710.html

    Turbotax notes that tax credits are a “dollar-for-dollar reduction of your income.”. To claim a tax credit, you must first determine your eligibility. If you believe that you qualify for a tax ...

  4. Movie production incentives in the United States - Wikipedia

    en.wikipedia.org/wiki/Movie_production...

    Movie Production Incentives (MPIs): "Movie Production Incentive" is any incentive states offer filmmakers to encourage film production in-state. [6] Tax Credits: Tax credits can remove a portion of the income tax owed to the state by the production company, but since most production companies are limited purpose business entities they often ...

  5. All About Tax Credits: What You Need to Know Before Filing - AOL

    www.aol.com/finance/tax-credits-171324079.html

    If you were unhappy with last year's income tax bill, there are several ways to reduce your overall 2022 tax burden before the April 18, 2023, filing deadline arrives. You can try to qualify for ...

  6. What Tax Credits Can I Qualify for in 2024? - AOL

    www.aol.com/tax-credits-qualify-2024-124518664.html

    The American Opportunity Tax Credit (AOTC) is for tax filers and their dependents who studied at least half-time at eligible postsecondary schools and haven’t attended for more than four years ...

  7. IRS tax forms - Wikipedia

    en.wikipedia.org/wiki/IRS_tax_forms

    1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

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