Tax credits refer to an amount of money that taxpayers can subtract directly from the taxes they owe. Browse Investopedia's expert-written library to learn more.

Personal Income Taxes
Form 5405: First-Time Homebuyer Credit and Repaym🔜ent of the Credit
Baby items to sell on eBay
Additional Child Tax Creওdit (ACTC): Definition൩ and Who Qualifies
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Foreign Tax Credit: Definition, How It 𒅌Works, and Who Can Claim It
A front nighttime view of the Toronto Stock Exchange building in Toronto, Ontario, Canda.
What Is the Canadian Dividend Tax Credit?
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What✅ Was the Hope Credit? How It Worked and Replacement
Person puts a tax bill through a shredder after reducing their amount owed with credits.
Tax Credits: What Are They and Do You Qualify?
College students walking on campus
American Opportunity Tax Credit (AOTC): Definition and Benefit🦩s
IRS Publication 524 (Credit for the Elder💛ly or th♌e Disabled)
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What Is Form 3800: General Business Credit?
1040
Phase Out: What it Means, How it Works, 🦹Tax Credits
Text from Affordable Care Act law
Advance🍎d Premium Tax Credit: What It Means, How It Works
Two land developers make notes to a plat map showing the layout of a new subdivision.
Section 1237 Capital Gain Opp🦩ortunity: What﷽ It is, How It Works
Eliminating expenses one by one
Qualified Retirement Savings Contribution 🌌CredIt Overv🐈iew
Rear view of school children running with backpacks
Education Tax Credit: Meaning, Requirements
Miscellaneous Tax Credits: What Th☂ey Are, How They Work
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What Is the Child and Dependent Care Credit?
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Historic Structure: ꦐWhat It is, How It Works, Criter🃏ia
Refundable Credit: What it is, How it Works
Alternativ🏅e Motor Vehicle Credit: What it is, How it Works
Saver's Tax Credit: Meaning, Restrictions, Example
Go Green with These Tax Credits
En🍎ergy Tax Credit: What It Is, How It Works, and Types
White semi truck on road
Alte෴rnative Fuels Tax Credi꧃t: What It Is and How It Works
Young couple on couch
💧First-Time Homebuyer Tax Crꦕedit: Meaning, Eligibility
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Researꦚch Activities Tax Credit: What It Is, How It Works, and😼 Example
People doing taxes
Working Tax Credit (WTC) Definition
Black Liquor Tax Credit
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Qualified Electric Vehᩚᩚᩚᩚᩚᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ⁤⁤⁤⁤ᩚ𒀱ᩚᩚᩚicle: What It Is and How It Works
Couple admiring the view from the living room of their house
Longtime Homebuyer Tax Credit
IRS Publication 503: Child 🍬And Dependent Care Expenses Overview
Person at desk doing their taxes
Tax Credits That Can Get You a Refund