How to Calculate Tax Credits?

Answer Individuals can qualify for a variety of tax credits to reduce their federal income tax burden in a given year. The child tax credit, child or dependent care credit, income earned credit and energy... Read More »

Top Q&A For: How to Calculate Tax Credits

How to Calculate Debts & Credits?

Debit and credit entries and adjustments are made to accounts based on the amount of a transaction. A debit can add to or subtract from an account, depending on the type of account. The same holds ... Read More »

How do I calculate college course credits?

College courses contributing to grade point average possess a designated credit amount, according to the Back to College website. A course's final credit can be determined by multiplying the course... Read More »

How to Calculate High School Credits?

In high school, you earn credits for coursework completed. Every high school and school district uses a formula to determine the credits earned for a specific course. Normally, state education requ... Read More »

How to Calculate Mortgage Credit Certificate Tax Credits?

The mortgage credit certificate (MCC) allows an eligible home owner to receive an annual tax credit deduction against their federal tax liability. The credit cannot exceed the annual federal tax li... Read More »