The Following Tax Credits Count Really Big

Any of the following tax credits, you may be able to SUBTRACT from your income tax.  Review them mid-year to see if you might qualify by the end of the year:  (A small step in tax planning)

Alternative motor vehicle

Alternative fuel vehicle refueling property

Child and dependent care

Child tax credit

Credit to holders of tax credit bonds

Education

Elderly or disabled

Electric vehicle credits

Foreign tax

Mortgage interest

Prior year minimum tax

Residential energy

Retirement savings contributions