Win $100! Tax Credit Sweepstakes

Forum|Forum|2 years ago
March 13, 2024
13 replies
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Thank you so much to everyone who participated! We appreciate you sharing your experiences with our community. A winner will be randomly selected and contacted to claim their prize.

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A friendly welcome to our new and returning community members!

We’re excited to share another sweepstakes and another chance to win a $100 gift card with you. This month, we’re discussing tax credits.

A tax credit is a dollar-for-dollar reduction of the income tax you owe, so it’s no surprise that filers want to find the most credits they’re eligible for. Since our lives are always changing and new tax credits are established yearly, you may be surprised to find credits you didn’t know about or didn’t previously qualify for this year. Please share what credit you just learned about or qualified for this year, or what credit you hope to claim in the future. Any user who comments about tax credits on this post will be entered into a sweepstakes for a $100 gift card. A winner will be randomly selected on March 27, 2024.

If you have questions about how tax credits can affect your taxes, please join us for a LIVE Q&A on Wednesday, March 13th any time between 9:00am and 5:00pm PT for Family Tax Credits, or Wednesday, March 27th any time between 9:00am and 5:00pm PT for Energy Tax Credits to ask Tax and Financial Experts your questions and get advice about taxes and personal finance, for free! Learn more and RSVP here.

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We will be hosting the Tax Credit sweepstakes to give you, and others, the opportunity to share your experiences. One lucky winner will be chosen randomly to receive a $100 gift card.

WHAT: Sweepstakes for a $100 gift card
WHEN: Entries will be accepted from March 13, 2024 through March 27, 2024 at 5:00 pm Pacific Time
HOW: Enter by adding a comment to this post sharing your opinion or experience with tax credits. If you are the winner, we will send you a private message. The winner will be selected at random on Mar 27, 2024

Sweepstakes-Rules---March.pdf

Show previous replies

elisakm37

I didn't realize that my home office was deductible this year. I used the simple method and it reduced my expenses.

Pinesman

I got a surprise this year with the EIC Earned Income Credit. For the first time we were not eligible for the credit because of income limits. This caused us to owe on our taxes this year. Pay close attention to the IRS tables and make adjustments during the year. For reference

https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables

MikeyC16

Using Inuit Turbotax has made filing much easier. I have not used Crypto at all only because I do not have the capital to invest meaningfully. I do plan on investing assets into this sector in the near future, especially since there are investment products that allow more people to diversify through a mutual fund.