Military Tax Credit Act of 2001

[AI summary unavailable — showing source text] Military Tax Credit Act of 2001 - Amends the Internal Revenue Code to provide that, in the case of an individual who is on active duty in the armed forces at any time during a taxable year, there shall be allowed a refundable tax credit of up to $4,000 (for a joint return). Provides for prorating such credit if such duty is less than a full year.…