Tax Credit

Lifetime Learning Credit (LLC) | Internal Revenue Service (Tax Year 2025)

Federal education credit for qualified tuition and related expenses for undergraduate, graduate, and job-skill courses.

Type: Benefit Amount: 20% of up to $10,000 in qualified expenses per return (maximum $2,000 nonrefundable credit) Deadline: Apr 15, 2026 Location: United States

Maine Property Tax Fairness Credit

Refundable Maine income tax credit that reimburses a portion of property tax or rent for eligible households.

Type: Benefit Amount: Up to $2,500 depending on age, disability status, property tax or rent paid, and income Deadline: Aligns with Maine income tax filing deadline (generally April 15) Location: Maine

Maryland Homeowners’ Property Tax Credit: How to Cut Your Tax Bill by $1,000+ Each Year

If you own a home in Maryland and your property tax bill makes your stomach drop every summer, there’s a good chance you’re leaving real money on the table.

Type: Benefit Amount: Credits vary but often reduce tax bills by $1,000+ for low- to moderate-income homeowners Deadline: October 1 annually Location: Maryland

Maryland Renters' Tax Credit

Provides annual payments to eligible Maryland renters by treating a portion of rent as property tax.

Type: Benefit Amount: Maximum standard payment of $1,000, with typical awards between $400 and $700 Deadline: October 1 annually Location: Maryland

Massachusetts Senior Circuit Breaker Tax Credit

Refundable state income tax credit that reimburses eligible seniors for property taxes or rent that exceed a set share of their income.

Type: Benefit Amount: Up to $2,700 (2024 tax year) refundable credit indexed annually for inflation Deadline: File with Massachusetts state income tax return by April deadline or extension Location: Massachusetts

Minnesota Renters Credit: Get Up to $2,500 Back on Property Taxes Paid Through Rent

Annual refund that pays back part of the property taxes embedded in rent for Minnesota households with qualifying income.

Type: Benefit Amount: Refunds average $700 and can exceed $2,500 depending on rent paid and household income Deadline: Tax filing deadline (typically April 15 for most filers) Location: Minnesota

Missouri Property Tax Credit 2025: How Seniors and Disabled Residents Can Get Up to $1,100 Back

If you’re a senior or disabled Missourian watching property taxes and rent creep up while your income stays stubbornly flat, this program is for you.

Type: Benefit Amount: Up to $1,100 for homeowners and $750 for renters Deadline: File Form MO-PTC with the Missouri state income tax return by April 15 Location: Missouri

New Clean Vehicle Credit | IRS

IRS guidance for the new clean vehicle credit, including Sept. 30, 2025 acquisition cutoff language and filing requirements.

Amount: Up to $7,500 (subject to IRS 30D vehicle and buyer qualification rules) Deadline: Apr 15, 2026 Location: United States

New York School Tax Relief (STAR) Credit

New York STAR property-tax relief for eligible homeowners, including Basic and Enhanced STAR credit pathways and current income limits.

Type: Benefit Amount: Benefit amount varies by municipality and school district; Enhanced STAR generally provides larger relief than Basic STAR where eligible Deadline: Register as early as possible; first-year timing depends on local taxable status date and school tax due dates Location: New York

Oregon Working Family Household and Dependent Care Credit

Refundable tax credit that reimburses a percentage of employment-related dependent care expenses for eligible Oregon households.

Type: Benefit Amount: Up to 60% of qualifying care expenses with a maximum credit of $3,000 per qualifying individual Deadline: Oregon income tax filing deadline (typically April 15) Location: Oregon