Tax Credit Limits

Single/head of household – lesser of tax liability or $2,500.

Married filing jointly – lesser of tax liability or $5,000.

Married filing separately – lesser of tax liability or $2,500.

Owners of interests in pass-through entities ('S' corporation, LLC or partnership) — lesser of tax liability or $25,000. May not also apply for single or married limits.

'C' corporation and taxable trusts – up to 75% of estimated tax liability.