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Is the credit for the elderly a refundable credit?

Charlotte Baker | 2023-06-13 09:06:52 | page views：1766
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Charlotte Kim

Studied at the University of British Columbia, Lives in Vancouver, Canada.
Claiming your credit. If you do wind up being eligible to claim the credit for the elderly or disabled, you might reduce your taxes by $3,750 to $7,500. However, keep in mind that because the credit isn't refundable, the most it can do is lower your tax liability to zero.Jan 12, 2017
2023-06-16 09:06:52
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Oliver Brown

QuesHub.com delivers expert answers and knowledge to you.
Claiming your credit. If you do wind up being eligible to claim the credit for the elderly or disabled, you might reduce your taxes by $3,750 to $7,500. However, keep in mind that because the credit isn't refundable, the most it can do is lower your tax liability to zero.Jan 12, 2017
What Is the Tax Credit for the Elderly or the Disabled? -- The Motley Fool
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