Refundable


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Related to Refundable: Refundable Tax Credits

Refundable

Eligible for refunding under the terms of a bond indenture.

Refundable

A bond that may be retired before maturity. Nonrefundable bonds does not protect bondholders from the risk that the issuer may effectively refinance a bond at a lower interest rate, which exposes bondholders to the risk that they could be deprived of coupon payments to which they would otherwise be entitled. Most bonds are nonrefundable for at least five or 10 years after issue but may become refundable afterward. See also: Refundable tax credit.
References in periodicals archive ?
Many of these families income taxes are so low that they cannot benefit from the adoption tax credit at all unless it is refundable.
Below are three of the best-known refundable tax credits that you may qualify for.
Though the IRS has not yet published the 2018 Form 1040, one can assume that the mechanics for calculating the refundable credit, known as the "additional child tax credit," will be similar.
6211(b)(4) now provides that refundable credits are taken into account as a negative amount of tax.
Pipes notes in the section on refundable tax credits that lawmakers who have proposed refundable tax credit measures in the past include Rep.
For those coming from Nepal, a refundable security deposit amounting to Dh5,000 plus a non-refundable service charge of Dh300 are required.
In a notice to parents on February 13, Annette Duke of the Registrar's Office of the American School of Dubai (ASD), said: "In planning for your KG1 child's education for the next academic year, I want to inform you that our refundable deposit of Dh29,850 which we currently require for each child attending ASD, will be changing.
A refundable tax credit is treated as a payment from the taxpayer, such as federal income tax withheld or quarterly estimated taxes paid.
Another option is to make the CFTC and similar provincial credits a refundable credit similar to the Children's Activity Tax Credit (CATC) in Ontario and the Active Families Benefit in Saskatchewan.
Indeed, the current Saver's Credit does something like that, although it's not refundable, and applicable income limits are so low that very few people use it.
Earlier we used to do part payments for our energy consumption, but now at recent times they have been following consumers to collect cash in a newly introduced refundable deposit scheme" says Eshana Perera a citizen from Colombo.
First Class passengers will still be able to check up to two bags for free and Main Cabin Select and Main Cabin Refundable Fare passengers will continue to be able to check one bag for free.