Is that VALID?
Not VALID
“Every tax credit can push you past zero tax.”
What the law says
- A nonrefundable credit can reduce your tax down to zero and stops there.
- A refundable credit can go past zero and create an overpayment even in a year your tax is zero.
Source: IRC §31 · IRC §6402 · IRC §6511 · Pub 17 · Instructions for Form 1040. Read the full rule, with the law quoted
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Not advice. Not a filing. Verify with a licensed professional. Rules change by year and facts.