And since the surviving spouse is also entitled to a $650,000 unified credit, that much of his or her estate will be exempt from taxes as well.
For the first time, childless poor people would be entitled to a small credit.
But they are entitled to a credit of $560 (Line 41), which is brought forward from Form 2441 for child and dependent care.
Whether you are entitled to a credit of levy or repayment of levy and the extent of our liability to pay interest.
I had a closing the other day where the seller was entitled to a credit for heating oil left in the tank.
As an Indiana resident supporting IU, you are entitled to a credit against your State taxes for your gift.
Mr. Roll said that 50 percent of homeowners who have had their escrow accounts audited have found that they are entitled to a refund or a credit.
As to whether you are entitled to a credit of tax or how much any credit should be.
The Taxpayers are entitled to a credit of $1,000 (Line 11) for their two younger children.
Thus, a company that brought in $1 million worth of American computers this year, and $2 million next year, will be entitled to a credit of $50,000.