I have around $2700 non refundable tax credits (after 15% of total) for my current year. How can I use these to increase my refund?
Can this be used to lower my taxable income and thus my overall tax?
Please advise
Thanks!
01343
1 Replies
TurboTaxSusan
Moderator
Apr 25, 2020 10:34:08 AM
As the name implies, "non-refundable" credits can't be used to generate or increase refunds. They can only be used to reduce the amount of taxes owing.