REFUNDABLE meaning: 1. If an amount of money is refundable, it can be given back to the person who paid it, for example…. Learn more.

2025年1月21日 · A refundable tax credit is a credit you can get as a refund even if you don't owe any tax. Tax credits are amounts you subtract from your bottom-line tax due when you file your tax return. Most tax credits can reduce your tax only until it reaches $0.

The meaning of REFUND is to give or put back. How to use refund in a sentence.

REFUNDABLE definition: 1. If an amount of money is refundable, it can be given back to the person who paid it, for example…. Learn more.

2024年10月16日 · Tax credits can be refundable or nonrefundable, and sometimes partly refundable. Nonrefundable tax credits can reduce the amount of tax you owe, but they do not increase your tax refund or create a tax refund when you wouldn’t have already had one.

Something is refundable when you are allowed to return it and get your money back. Go ahead and buy that refundable plane ticket — you can always change your mind! Most goods are refundable, although sometimes you need to show your receipt to …

2024年1月8日 · A non-refundable tax credit is a credit that can lower your tax bill, sometimes to zero. However, with a non-refundable tax credit, you won’t receive the credit back as a refund, even if it ...

2021年3月14日 · Refundable tax credits are refunded to the taxpayer regardless of the taxpayer's liability. These tax credits are called refundable because they can involve cash payments from …

if something you have paid for is refundable, you can get your money back if you are not satisfied with it or if you are unable to use it. Tickets are not refundable.

Discover everything about the word "REFUNDABLE" in English: meanings, translations, synonyms, pronunciations, examples, and grammar insights - all in one comprehensive guide.