At Checked & Balanced Inc., we assist you in maximizing your personal tax deductions.
There are two types of tax credits:
A nonrefundable tax credit means you get a refund only up to the amount you owe.
A refundable tax credit means you get a refund, even if it’s more than what you owe.
Family & Individual Tax Credits
- Earned Income Tax Credit
- Child and Dependent Care Credit
- Adoption Credit
- Child Tax Credit
- Credit for the Elderly or Disabled
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Income & Savings Tax Credits
- Earned Income Tax Credit
- Saver’s Credit
- Foreign Tax Credit
- Excess Social Security and RRTA Tax Withheld
- Credit for Tax on Undistributed Capital Gain
- Nonrefundable Credit for Prior Year Minimum Tax
- Credit to Holders of Tax Credit Bonds
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Home Owners Tax Credits
- Mortgage Interest Credit
- Residential Energy Efficient Property Credit
- Nonbusiness Energy Property Credit
- Low-Income Housing Credit (for Owners)
- Frequently Asked Questions on Capital Gains, Losses, and Sale of Home
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Health care tax credits
- Premium Tax Credit (Affordable Care Act)
- Health Coverage Tax Credit
- Medical and Dental Expenses
- Health Savings Account (HSA)
Education Tax Credits
- Lifetime Learning Credit
- American Opportunity Tax Credit
- Student Loan Interest
- Tuition and Fees Deduction
- Work-Related Educational Expenses
- Teacher Educational Expenses
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Work related tax credits
- Deductible Business Expenses
- Standard Mileage Rates
- Home Office
- Business Use of a Car
- Business Travel Expenses
- Bad Debt
- Business Entertainment Expenses
- Depreciation and Amortization
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Itemized Deductions
- Standard Deduction
- Deductible Taxes
- Property Tax
- Real Estate Tax
- Sales Tax
- Charitable Contributions
- Gambling Loss
