Are there any tax credits or deductions available for residents of District of Columbia?

Yes, there are several tax credits and deductions available for residents of the District of Columbia. One of the most notable is the D.C. Homestead Deduction, which provides a reduction in real property taxes for primary residences. Additionally, there is a tax credit for child and dependent care expenses, allowing taxpayers to claim a portion of qualifying expenses. The District also offers credits for first-time homebuyers, electric vehicle owners, and solar panel installations. Residents may also be eligible for the Earned Income Tax Credit (EITC), which is a refundable credit for low to moderate-income individuals and families. These credits and deductions provide opportunities for taxpayers in the District to reduce their tax liabilities and potentially increase their refunds. Further details and eligibility requirements can be found on the official website of the District of Columbia Office of Tax & Revenue.