Retroactive Tax Credits 2024 Olympics – you could save money on your tax bill or get a bigger refund thanks to federal tax credits. While deductions are also useful, credits offer the advantage of cutting your tax liability directly. . The biggest stories of the day delivered to your inbox. .
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Retroactive Tax Credits 2024 Olympics New Electric Vehicle and Home Energy Tax Incentives WSJ: For the 2024 tax year, the child tax credit remains at up to $2,000, but the refundable portion of the credit increases to $1,700. This means eligible taxpayers could receive an additional $100 . This year just six electric cars are eligible for the $7,500 federal tax credit – a discount offered models placed in service from January 1, 2024, through January 1, 2025. .