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Lifelong learner refun not refunding to me

 
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Accepted Solutions

Lifelong learner refun not refunding to me

The LLC is not refundable. So, you can use the credit to pay any tax you owe, but you won’t receive any of the credit back as a refund.

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3 Replies

Lifelong learner refun not refunding to me

The LLC is not refundable. So, you can use the credit to pay any tax you owe, but you won’t receive any of the credit back as a refund.

Lifelong learner refun not refunding to me

That makes no sense. How would you use it to pay back a loan or for other expenses if it is not refunded to you? I have gotten it in the past and was refunded 2000. For some reason this year is says I don’t qualify although I fit all three criteria

Lifelong learner refun not refunding to me

There are refundable credits and nonrefundable ones.  As stated above, LLC is nonrefundable. So it can be used to pay taxes you owe only.

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