How do educational tax credits affect my tax bill/stimulus check?
You get the amount of your net income tax, which is after most credits including the education credit, so yes claiming the credit cut down your rebate some. But since the minimum rebate is $600 for a married couple, it didn’t cut it the full amount of the credit. So if your rebate would have been $1000 if you hadn’t taken the credit, but since you had the credit your rebate was $600, your rebate was $400 less because of the $548 credit. Since the minimum is $600, you still came out ahead by claiming the credit, not with the same money as the other responder said.
