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Get your taxes done using TurboTax
Are you saying I can only claim a portion of the solar tax credit equal to my total liability?
So hypothetically, if my liability is $2200, my withholdings are $1500, and I have a $1500 child tax credit (none of these are my actual numbers)...that would be an $800 refund, right?
If you add the solar tax credit, does that mean I claim $2200 of the total credit and my refund becomes $3000?
I understand there are other lines to take into account, but I want to make sure I'm understanding the basic principle here.
‎November 16, 2022
1:33 PM