Glossary: Additional Child Tax Credit
The “”Additional Child Tax Credit” is the portion of the child tax credit that is fully refundable regardless of a taxpayer’s taxable income.
The “”Additional Child Tax Credit” is the portion of the child tax credit that is fully refundable regardless of a taxpayer’s taxable income.
Iowa offers dozens of obscure tax credits. The one I get asked about most is the tax credit available for donations to a “school tuition organization” or STO. Here’s how the Iowa Department of Revenue defines an STO: A school tuition organization must be a charitable organization in Iowa that is exempt from federal taxation […]