It is a non-refundable credit that reduces your tax liability. It can reduce your tax bill down to the level of your Tentative Minimum Tax (TMT), but it won’t trigger a refund check that goes below that TMT threshold.
It is a non-refundable credit that reduces your tax liability. It can reduce your tax bill down to the level of your Tentative Minimum Tax (TMT), but it won’t trigger a refund check that goes below that TMT threshold.