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You claim a tax credit when you file your federal income tax form on April 15th. If you owe the federal government $3,000 and you have a $1,000 tax credit, you only owe the government $2,000. It is a dollar for dollar reduction in the taxes you have to pay. Because tax credits save you money directly, they are better than the deductions you make when you give to a charity. The tax credits I talk about are related to renewable energy and energy conservation.
Ben Obear
- Entrepreneur, San Francisco
I'm currently looking for a full time position. Please contact me if you have any Product Management, or Business Development job leads. benobear@gmail.com
Originally from the small town of Whately Massachusetts, I'm an entrepreneur living in San Francisco. While working on my father's compost farm, I gained an appreciation for nature and the need create a sustainable future. After attending the Green Career Conference in Berkeley last fall, I decided to pursue a career in this growing field.
I cook a tasty steak.