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Glossary   >   R   >   "Refundable Credit" Definition            Refundable Credit A tax credit that is not limited by the amount of an individual"s tax liability. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Refundable Credit - A tax credit that is not limited by the amount of an individual"s tax liability.