jacquieb
Expert Alumni

Get your taxes done using TurboTax

Hi @dsun102 

 

You are correct. Your credit will be phased out if your income is above $400,000. I would not recommend entering anything in step 3 or you will under withhold. 

If your income is over the threshold, you may be able to claim a partial credit, depending on how much your income exceeds $400,000. 

 

Hope this helps! 🙂

 

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