Note for anyone who's not aware, a "tax credit" is basically free money. It's not the same as a deduction, which only reduces your taxable income. A credit dire

Note for anyone who's not aware, a "tax credit" is basically free money. It's not the same as a deduction, which only reduces your taxable income. A credit directly reduces the amount of taxes you owe, and in most cases if the credit reduces the amount you owe to a negative number the IRS will pay you that money.