Child Tax Credit. Additional Child Tax Credits. Available for families with more than two children as a refundable credit of contributed social security paid. Hope Scholarship Credit. Lifetime Learning Credit.
Credits are non-allowable for convicted felons of a drug offense.
Student Loan Interest. This rollover will be exempt from penalty. Penalty-Free IRA Withdrawls. Office in Home. Beginning in 1999, taxpayers who perform administrative or management services from a home office will be allowed to deduct the expenses if certain conditions are met.