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      Refundable vs. Non-Refundable Tax Credits

      Brinker Simpson, Tax Rules, Tax-Tip Tuesday, Refundable Credits, Tax Refund, Non-Refundable Credits

      Tax credits can reduce your tax bill or give you a bigger refund, but not all tax credits are created equal. While most tax credits are refundable, some credits are nonrefundable, but before we take a look at the difference between refundable and nonrefundable tax credits, it's important to understand the difference between a tax credit and a tax deduction.

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