nonrefundable tax credit
Definition
A type of tax credit that will not reduce the amount owed by a taxpayer to zero. Can also be termed as a wastable tax credit.
Related Articles
- Introduction to Health Insurance Policies *
- Technical Analysis *
- International Stocks *
- Types of Reports and Statements Typically Filed *
- Basic Bonds Terminology *
- Investing In Forex Options *
- Consider Taxes When Picking Mutual Funds *
- Retiring Baby-Boomers and the Threat to the Economy *
Related Videos
http://www.businessdictionary.com/definition/nonrefundable-tax-credit.html
