Money Minute: How tax credits can help you this tax season

It’s tax season once again, and you should be taking every tax credit that you qualify for.

A tax credit is important to those in the low-income brackets, because the credit means a dollar-for-dollar tax reduction.

Learn more in the video report above.

More reading on this

From Investopedia:

• Non-refundable tax credit: Definition, how it works, and benefits
• Tax credit: What it is, how it works, what qualifies, 3 types

MSN: What tax credits can I expect in 2023?

From the IRS:

• I received a letter from IRS about my credit, what should I do?
• Understanding your CP09 notice

More tips: Money Minute section