Examlex
The effects of the harvesting process often include
Nonrefundable Credit
A tax credit that can only reduce a taxpayer’s liability to zero, but unlike refundable credits, any excess is not paid out to the taxpayer.
Adoption Credit
A tax benefit offered to taxpayers to offset some costs of legally adopting a child, which can reduce tax liability.
Foreign Tax Credit
A non-refundable tax credit for income taxes paid to a foreign country, aimed at reducing double taxation of the same income.
Born In
Generally refers to the place or country where an individual was born.
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