What's the Difference Between Refundable and Nonrefundable Tax Credit?

In a couple of years, you will be able to transfer the, it as a credit into an essence of down payment and deposit or reduction in the price at the dealer. By a vehicle beginning 2024, January 1st, 2024, I believe it is. It actually isn't clear Joe, and I've talked to multiple people and it isn't clear if there is a nonrefundable aspect to this latest one.