About this Course
Topics covered include:
Refundable and nonrefundable tax credits;
Personal tax credit amounts;
Business tax credits.
Upon completing this course, you should be able to:
Distinguish between refundable and nonrefundable credits;
Figure each type of personal tax credit;
Determine which credits are reported in Tax and Credits and which in Other Taxes;
Identify business tax credits and understand the limitations under the general business credit.