In the Credits Section you will be able to enter:
- Foreign Tax Credit
- Child and Dependent Care Credit
- Education Credits
- Credit for Qualified Retirement Savings Contributions
- Residential Energy Credit (limited and set to expire after December 31, 2025)
- Adoption Credit
- DC First-Time Homebuyer Credit (carryforward only)
- Mortgage Interest Credit
- Credit for the Elderly or Disabled
- Clean Vehicle Credit (set to expire September 30th, 2025; vehicle must be purchased before October 1, 2025 to qualify)
- Alternative Motor Vehicle Credit (Hybrid Cars) (expired for 2022)
- Qualified Electric Motor Vehicle Credit (expired for 2022)
- Small Employer Health Insurance Credit
- Credit for Increasing Research Activities from Pass through Entities
- Investment Credit
A credit reduces the actual amount of your tax due, dollar for dollar.