Refundability

The political left defends "refundability" on grounds that these payments help to offset the payroll tax. ❋ Unknown (2008)

This would end if lawmakers get rid of the "refundability" provision for the Research Activities Credit, as the panel suggests. ❋ Unknown (2010)

We would all agree with the last sentence of the post: In particular, the wide array of deductions & credits for people who do this or that, each with their own phase-out points (or not) and different levels of refundability (or not) is a mess. ❋ Unknown (2010)

In particular, the wide array of deductions & credits for people who do this or that, each with their own phase-out points (or not) and different levels of refundability (or not) is a mess. ❋ Unknown (2010)

The point about refundability versus non-refundability stands. ❋ Unknown (2009)

So an expansion of the non-refundable dependent care credit could lead to an increase in the refundability of the child tax credit. ❋ Unknown (2010)

* I think the tax credit is 1000 per child up to a rather high income limit (100k?), and this particular proposal is tweaking the low end with refundability for those people only paying less than $2000 a year in fed taxes anyway (current law a family of 4 with an income of 40K has a fed income tax liability of around $1500) ❋ Unknown (2009)

Since Republican opposition to refundability would have left many low-income people with nothing had the income tax been used as the delivery mechanism, the payroll tax cut seemed like the better alternative to White House staffers concerned about low earners. ❋ Heidi Hartmann (2010)

Both reports highlight other pitfalls for potential CCRC residents, such as unclear or severe restrictions on the refundability of entrance deposits should a resident decide to move. ❋ Unknown (2010)

I think that being able to keep the refundability of the recovery act, the tax credits for working families, for college, and for children is a big victory. ❋ The Huffington Post News Team (2010)

Start-up companies, alternative-energy firms and large corporations that have been swallowing losses for years -- such as automotive and steel companies and some airlines -- have already begun lobbying for such "refundability." ❋ Unknown (2009)