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.

Explore Tax Credits

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How to Get Your Child Tax Credit Payments
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IRS Form 8880: Who Qualifies for the Retirement Saver's Credit
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Recovery Rebate Credit
Disabled Businesswoman at Work
Work Opportunity Tax Credit (WOTC)
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Tax Credit: What It Is, How It Works, What Qualifies, 3 Types
Personal Income Taxes
Form 5405: First-Time Homebuyer Credit and Repayment of the Credit
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Earned Income Tax Credit (EITC): Definition and How to Qualify
Additional Child Tax Credit (ACTC): Definition and Who Qualifies
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Child Tax Credit Definition: How It Works and How to Claim It
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Foreign Tax Credit: Definition, How It Works, Who Can Claim It
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Dividend Tax Credit Definition
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Unified Tax Credit: Definition and Limits for 2022
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What Was the Hope Credit? How It Worked and Replacement
business, investment, retirement, finance and Money Saving for the future concepts
Non-Refundable Tax Credit: Definition, How It Works, and Benefits
Give Your Taxes Some Credit
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American Opportunity Tax Credit (AOTC): Definition and Benefits
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Tax Credit Property: Definition, How to Qualify, and Benefits
IRS Publication 524 (Credit for the Elderly or the Disabled)
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General Business Credit (GBC)
1040
Phase Out Definition
Text from Affordable Care Act law
Advanced Premium Tax Credit
Section 1237 Capital Gain Opportunity
Lifetime Learning Credit (LLC) Definition
Eliminating expenses one by one
Qualified Retirement Savings Contribution Credit
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Education Tax Credit
Miscellaneous Tax Credits
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Child and Dependent Care Credit Definition
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Historic Structure
Refundable Credit
Alternative Motor Vehicle Credit
Saver's Tax Credit
Energy Tax Credit
Alternative Fuels Tax Credit
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First-Time Homebuyer Tax Credit
Research Activities Credit
Working Tax Credit (WTC)
Black Liquor Tax Credit
Qualified Electric Vehicle
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Longtime Homebuyer Tax Credit
IRS Publication 503: Child and Dependent Care Expenses
Calculator and tax documents
Tax Credits That Can Get You a Refund

Deductions & Credits