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Thread: Question about the tax credit
05-12-2007 11:04 PM #1
- Join Date
- May 2007
Question about the tax credit
Is the tax credit a one-time thing? Or can you claim it each year until it meets the expiration conditions?
If it's the latter, is the amount you can claim "locked in" for the life that the credit is offered (until 2010), or does the amount you can claim diminish according the schedule on the IRS site?