refund

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Related to refundable: Refundable Tax Credits

refund

return of money to a purchaser or the amount so returned
References in periodicals archive ?
Refundable credit on qualified spend, including non-resident above- and below-the-line payroll
6664, as amended by PATH, disallowed refundable credits must be taken into account when determining the tax shown on the income tax return.
When a low-income, low-tax worker qualifies for a refundable tax credit, and the size of the refundable credit is bigger than the worker's general income tax bill, the Internal Revenue Service (IRS) pays the worker for the difference between the tax credit and the general tax bill.
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.
Virgin America has introduced fully refundable fares and a new Main Cabin Select service.
Designed to encourage work, the EITC is refundable and is even available to the self-employed.
Seems to me a cost deposit is inherently refundable to the extent it is not used.
Transforming the standard deduction into a refundable tax credit would not eliminate homelessness and poverty, but it would be an enormous benefit to the poor who were completely overlooked by the Bush tax cuts.