Nonrefundable Credit

Nonrefundable Credit

A credit that cannot exceed the taxpayer's tax liability.
References in classic literature ?
Young Harry Paine, who was to marry his employer's daughter on Monday, had come to the tent with a crowd of friends and danced all evening.
Paine was all right, too, because he used to come here.
Hence then, and evil go with thee along Thy ofspring, to the place of evil, Hell, Thou and thy wicked crew; there mingle broiles, Ere this avenging Sword begin thy doome, Or som more sudden vengeance wing'd from God Precipitate thee with augmented paine.
Mean while in other parts like deeds deservd Memorial, where the might of GABRIEL fought, And with fierce Ensignes pierc'd the deep array Of MOLOC furious King, who him defi'd, And at his Chariot wheeles to drag him bound Threatn'd, nor from the Holie One of Heav'n Refrein'd his tongue blasphemous; but anon Down clov'n to the waste, with shatterd Armes And uncouth paine fled bellowing.
And now thir mightiest quelld, the battel swerv'd, With many an inrode gor'd; deformed rout Enter'd, and foul disorder; all the ground With shiverd armour strow'n, and on a heap Chariot and Charioter lay overturnd And fierie foaming Steeds; what stood, recoyld Orewearied, through the faint Satanic Host Defensive scarse, or with pale fear surpris'd, Then first with fear surpris'd and sense of paine Fled ignominious, to such evil brought By sinne of disobedience, till that hour Not liable to fear or flight or paine.
True is, less firmly arm'd, Some disadvantage we endur'd and paine, Till now not known, but known as soon contemnd, Since now we find this our Empyreal forme Incapable of mortal injurie Imperishable, and though peirc'd with wound, Soon closing, and by native vigour heal'd.
Deliverer from new Lords, leader to free Enjoyment of our right as Gods; yet hard For Gods, and too unequal work we find Against unequal armes to fight in paine, Against unpaind, impassive; from which evil Ruin must needs ensue; for what availes Valour or strength, though matchless, quelld with pain Which all subdues, and makes remiss the hands Of Mightiest.
Nine dayes they fell; confounded CHAOS roard, And felt tenfold confusion in thir fall Through his wilde Anarchie, so huge a rout Incumberd him with ruin: Hell at last Yawning receavd them whole, and on them clos'd, Hell thir fit habitation fraught with fire Unquenchable, the house of woe and paine.
Jesus would absorb the race; but Tom Paine or the coarsest blasphemer helps humanity by resisting this exuberance of power.
The California Competes Tax Credit (CCTC) is a nonrefundable credit for businesses that are looking to grow within California, whether they are already doing business here or relocating to the state.
Lifetime learning credit is a per-taxpayer, nonrefundable credit of up to $2,000 that applies only to expenses for tuition and fees.