What Can You Receive with the Fitness Tax Credit
Claim the Fitness Tax Credit: The Simple Process The Fitness Tax Credit (FTC) offers a wonderful way to pay for your americandailyjournal fitness program. By having a certified tax accountant file your return for you, you can claim a tax credit of up to $250 per return. It’s the 21st century and we’re helping the government save money by cutting back on our expenses. Let’s face it, we all have to tighten our belts and make smarter decisions. The fitness tax credit will save you thousands in the long run. With the right strategy, it can be worth your time and energy to claim this credit for you and your family. What is the Fitness Tax Credit? The Fitness Tax Credit is a tax credit granted to qualifying individuals who pay for qualified fitness expenses. Because it is a tax credit, the amount of the credit is determined by law. The amount of the credit is $250 per individual, per year. There are a few different types of qualifying expenses that can be claimed on your tax r...