Income Tax Credits

Credits reduce your federal income tax after your tax has already been calculated, which makes them a powerful tool for bringing down your tax bill. Learn the difference between refundable and non-refundable taxes, and learn how to use them to your benefit when you file your taxes.

Taxes
A list of the standard deduction amounts for Tax Year 2020
How Much Is Your Standard Tax Deduction, and Should You Claim It?
What Students Should Know About the American Opportunity Tax Credit
Young family smiling while sharing a meal
What Is the Earned Income Tax Credit?

Learn More About Taxes