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Miscellaneous credits - PowerPoint PPT Presentation

Miscellaneous Credits

Miscellaneous Credits. All types of credits discussed in this lesson are nonrefundable credits. A nonrefundable credit can only reduce the tax liability to zero. Major Miscellaneous Credits. Retirement Savings Contributions Credit Credit for the Elderly or the Disabled

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Accounting

Accounting. Your Account. Your account represents a series of credits and debits. Credits that will reflect on your account include:. Initial Commission Renewals Mentoring Bonuses Commission Splits Miscellaneous Credits. Debits that will reflect on your account include:.

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Miscellaneous credits - PowerPoint PPT Presentation

Miscellaneous Credits

Accounting