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

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

    Tax credits are one way taxpayers can reduce what they owe the IRS or increase their refund. ... Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us.

  3. How Do Tax Credits Work? Here’s What To Know for 2023 - AOL

    www.aol.com/finance/tax-credits-know-2023...

    For premium support please call: 800-290-4726 more ways to reach us

  4. Tax Credits You Can Use to Reduce Your 2024 Taxes - AOL

    www.aol.com/tax-credits-reduce-2024-taxes...

    The Child Tax Credit is worth up to $2,000 per child, with up to $1,600 refundable for 2023. To qualify, the child must have a Social Security number, be 17 or younger, be claimed as a dependent ...

  5. 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.

  6. Taxes 2023: Credits, deductions and tax breaks for student ...

    www.aol.com/finance/taxes-2023-credits...

    The Lifetime Learning Credit is similar to the American Opportunity Tax Credit, but structured differently. It allows you to claim 20% of the first $10,000 you paid for tuition and fees in the ...

  7. Tax tips for homeowners 2022: Tax credits and breaks - AOL

    www.aol.com/finance/tax-tips-homeowners-2022-tax...

    For tax year 2023: Households can claim up to 30% of the costs for certain energy-efficiency improvements, up to $1,200 each year, plus a $150 credit for getting a home energy audit. You may also ...

  8. Don't miss these 3 tax credits when you file this year - AOL

    www.aol.com/finance/dont-miss-3-tax-credits...

    The earned income tax credit, or EITC, is one of the most common income tax breaks, designed to help lighten the burden for middle- and lower-income families. For the 2021 tax year, 4 out of 5 ...

  9. What Are Tax Credits and How Do They Work? - AOL

    www.aol.com/finance/tax-credits-160008837.html

    With tax season just around the corner, many people are looking for ways to reduce what they owe or increase their refund. Two basic ways to do that are through tax deductions and tax credits.

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