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  • Training
  • Dependents
  • Filing Status
  • Standard Deduction
  • Income
    • Schedule K-1
    • Self Employed
    • Entering Income
  • Adjustments to Income
  • Taxes
  • Credits
    • Non-Refundable
    • Education Credit
  • Finishing a Return
  • Quality Review & Print Sets
  • Explaining a Return
    • Refunds
    • Balance Due
  • Certification Help
  • Changes for This Year
  • Coordinators
  • Spanish/Espanol Training
  • Healthcare Info
  • Foreign Student
  • W-4 INFO
  • W-7 ITIN APPLICATION
  • FAFSA
  • FSA SITE INFO
  • VALET & VIRTUAL
  • CERT ACCEPT AGENT
  • Migrant Workers
  • Financial Literacy
  • LITC
  • Volunteering SWFL
  • Amendment
  • Consent Form
  • CE CREDITS
  • POA
  • Greeter Intake
  • Transcripts
  • HSA
  • Volunteer Agreement
  • Blog
  • Interpreters
  • SWFL VITA
  • How To's & Misc Stuff
  • Customer Portal
  • PRESEASON WORKSHOP
  • For Clients
  • New Site Info
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Non-refundable credits

Non-refundable credits can reduce your income tax liability (the amount of income tax you must pay for the year); however, it can only reduce your income tax liability to zero $0.  (For example, if you have an income tax liability of $2,254, then the most non-refundable credit you can get is $2,254.  You could get less or no credit, but you can't get more than $2,254).
Examples of Non-Refundable Credits:
  • Child Tax Credit 
  • Credit for Other Dependents,
  • Child Care Credit (only in TY2021 was a refundable credit),
  • Education credit (Lifetime and non-refundable American Opportunity)
  • Retirement Savings Credit
  • Credit for Elderly & Disabled
  • Residential energy credits
  • Foreign Tax Credit
  • and more

Child Tax Credit:   
  • is worth up to $2,000 per qualifying child.
    • If the tax liability is LESS than the child tax credit, the remainder becomes a Refundable-Credit (up to $1,400 per qualifying child)
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You can contact me at maryvitataxes@gmail.com 
Please note: I, Mary Meador, AM NOT a certified accountant or tax law expert. I volunteer with VITA providing free tax preparation for individuals and families whose income is less than $66,000 a year. We deal with simple returns at our sites.  I cannot guarantee the accuracy of all the information on this site as tax laws change and I may not have a clear understanding of complicated issues. I am trying to provide basic tax preparation information for our volunteers to get started--remember Publication 4012 is your go-to resource for questions, as well as irs.gov and Publication 17. ​