How to Claim Your Refundable Income Tax Credit

Don’t forget to the claim your refundable income tax credit on your taxes. The average credit per farm or ranch is $8,060 in property tax relieve. That’s a 28 percent reduction in property taxes. To claim the credit, you’ll need to include Form PTC 2022 with your taxes. If you didn’t claim the credit in 2020 or 2021 it’s not too late! You can file those years on the PTCX Forms. Watch this week’s video for a how to take advantage of this credit.