Quote:
|
Originally Posted by exbauer
so, does this tax credit come in a form of a refund? ie if the credit is worth $2,100 we get a refund of $2,100?
|
It's not a refund per say. But rather a
credit towards the amount you owe the IRS. Say you owe $3,000. And you have a hybrid tax credit of $2,100. You would only owe $900. I don't believe you will get any additional refund if you are getting a refund anyways.
-Ryan