For 2015, federal personal tax credits are calculated as 15 % of specified «personal amounts» and are allowed as a deduction in calculating your federal tax liability. (taxplanningguide.ca)
School choice guide for legislators covering charter schools, vouchers, scholarship tax credits and personal tax credits for private school tuition. (ncsl.org)
Patch legislation also typically extended a temporary provision allowing AMT taxpayers the full benefit of personal tax credits, such as the child and dependent care tax credit. (taxpolicycenter.org)