What is the Nonrefundable Renter's Credit?
The Nonrefundable Renter's Credit is for California residents who paid rent for their principal residence for at least 6 months in 2012 and whose adjusted gross income does not exceed a certain limit.
The Nonrefundable Renter's Credit is a personal income tax credit that can only be used to offset your tax liability; therefore, you must have a tax liability to claim the credit.
The Nonrefundable Renter's Credit is a personal income tax credit that can only be used to offset your tax liability; therefore, you must have a tax liability to claim the credit.
