Why are some tax credits non refundable? 470 viewsJanuary 1, 2024 Question100.55K February 26, 2023 0 Comments What’s the reason why some tax credits are non-refundable and other tax credits are refundable? In: 1 8 Answers ActiveNewestOldest Anonymous Posted February 26, 2023 0 Comments I think you’re asking why there are tax credits and tax deductions. Deductions reduce the amount you’re liable for. Credits act as if you already paid that much in. You are viewing 1 out of 8 answers, click here to view all answers. Register or Login
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