Sentences with phrase «claim tax credits»

You aren't eligible for available solar tax incentives, or you are discouraged at the thought of sorting out all the details necessary to claim tax credits and rebates.

You may be able to claim tax credits and get a discount on your rates or Council Tax.

You can claim tax credits online using Revenue's PAYE Anytime service which is accessed through Revenue's myAccount.

Really, the legislature hasn't thought out the process of how you go claim those tax credits.»

For more information, see IRS Will Delay Tax Refunds if You Claim These Tax Credits.

The IRS won't let you claim any tax credits after 3 years have lapsed either, so if you were hoping to claim an American Opportunity Tax Credit, or an Earned Income Credit, you'd better get those back taxes taken care of before it's too late.

For more see: IRS Will Delay Tax Refunds if You Claim These Tax Credits.

You can claim tax credits for having a child, going to a university or college, and claiming various expenses.

Lastly, if you use a 1040EZ, you can not claim any tax credits except for the earned income credit.

Eligible taxpayers can claim tax credits of up to $ 2,500 annually.

The HRTC, introduced in 2009, allowed homeowners to claim tax credits for eligible expenses incurred in home renovations.

Though you can not claim both tax credits for one student, you can claim one of the credits for one student and the other credit for another student.

The IRS also allows qualifying individuals to claim tax credits for educational expenses, but, at the time of publication, no such credit is available in California.

When you file your tax return, you claim your tax credits using IRS Form 8863.

In a similar fashion, businesses that claim tax credits on donations directly benefit from - and have a direct stake in - the law, with the added attraction of building community goodwill.

Miliband is said to have gone up to her translator and beseeched her to claim her tax credits.

One movie filmed eight days in Syracuse last year, but will not be named until it files a final application to claim the tax credits, according to Empire State Development.

His schism between skivers and strivers is an illusion: working parents claim tax credits too.

Someone is not entitled to TFC if they claim tax credits (any tax credits, not just childcare support) or universal credit.

Things are more complicated for claimants who live in a universal credit full service area where it may be no longer possible to make a new claim for tax credits.2 LITRG recommends that anyone in these areas who misses the 30 - day extension period and is concerned that they can no longer claim tax credits should contact HMRC or a local welfare rights specialist as soon as possible before making a claim for universal credit.3 Tax credits are paid to people who are responsible for children or young people and working people on low incomes, whether or not they have responsibility for a child / young person, and are based on household income and circumstances.

If they live in an area where universal credit full service has rolled - out they may find that they are not able to claim tax credits again and this is very confusing.»

Depending on your jurisdiction, you may be able to claim tax credits or rebates from your water utility company for doing so.

Several portions of the law indicate that consumers can claim tax credits no matter where they live.

More from Personal Finance: Taking the medical expense deduction is now easier Don't buy your bitcoin from a place that could disappear overnight If you want to claim this tax credit, you need to come clean to the IRS first

In short, it's a tax credit worth $ 0.50 per gasoline gallon equivalent of compressed natural gas, or diesel gallon equivalent of liquefied natural gas, and Clean Energy has been able to claim this tax credit for a portion of its fuel sales each year.

(Financial services are «input - taxed», meaning that financial service providers can not claim a tax credit for these costs.)

This strategy works even though you are the one paying the educational expenses, as the payments are considered gifts to your child, and then treated as if they paid the expenses when claiming the tax credit.

It's going to be available to families with children under 12 where both parents are working (and working single parents) and are not already claiming tax credits to help with childcare costs.

And if you are claiming tax credits, you're most likely better off not taking childcare vouchers as it affects your entitlements.

Davis has claimed the tax credit cuts could be Cameron's poll tax.

Bill Hammond, health policy director of the Empire Center for Public Policy, wrote in a post on the Albany think tank's web site that the conflicting abortion policies could block or restrict New Yorkers from claiming tax credits under the GOP replacement plan.

Even if you no longer want to claim or think you are no longer entitled, if you claimed tax credits at all during the 2016/17 tax year you should have been included in the renewal exercise to finalise your claim for that year.

A further 317,000 of the 2 million — around 15 % — were claiming tax credits, underlining that the overwhelming majority are not in the lowest paid jobs.

First - time homebuyers will be eligible to claim a tax credit equal to 20 percent of their annual mortgage interest costs through the New York State Mortgage Credit Certificate.

Georgia — Georgia allows individuals and corporations to claim a tax credit for donations made to «student scholarship organizations» valued at 100 percent of the donation made.

Alabama - Alabama allows both individuals and corporations to claim a tax credit for donations to scholarship granting organizations (SGOs)(HB 84, 2013).

Oklahoma — Oklahoma passed the Oklahoma Equal Opportunity Education Scholarship Act in 2011 allowing individuals and corporations to claim a tax credit for contributions made to a «scholarship - granting organization».

Arizona — Arizona allows both individuals (A.R.S. 43 - 1089) and corporations (A.R.S. 43 - 1183) to claim a tax credit on income for donations made to «school tuition organizations» (STOs).

A taxpayer may not claim a tax credit if the taxpayer agrees to swap donations with another taxpayer to benefit either taxpayer's own dependent.

One other way to reduce your tax liability is by claiming a tax credit for the elderly and disabled, should you qualify for one.

I guess you wouldn't be able to claim the tax credit in the 1 or 2 years (out of 4 or 5) where she is taking money out of the RRSP.

However, only those earning a gross income of less than $ 80,000 or $ 160,000 filing individually and jointly respectively may claim this tax credit.

For instance, there is no limit as to the number of years parents and students may claim this tax credit.

An MCC program allows you to claim a tax credit for a portion of the mortgage interest paid per year up to $ 2,000 for the life of the original mortgage, for as long as you live in the home.

«For first - time homebuyers this year, this special feature can put money in their pockets right now rather than waiting another year to claim the tax credit,» said IRS Commissioner Doug Shulman.

However, you can claim a tax credit for private school if you pay for your children's college tuition.

Claiming this tax credit does add a certain amount of hassle to preparing your tax return, but because it can reduce your tax bill by thousands of dollars, it's worth the trouble.

They'll be able to help you claim this tax credit and any others you qualify for, knocking your tax bill for the year to the bare minimum.

In a recent news release, IRS Commissioner Doug Shulman said, «For first - time homebuyers this year, this special feature can put money in their pockets right now rather than waiting another year to claim the tax credit â $ ¦ This important change gives qualifying homebuyers cash they do not have to pay back.»

To claim a tax credit like the Earned Income Tax Credit (EITC) for low - income families or the American Opportunity Tax Credit for reimbursement of qualified education expenses.