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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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‎May 24, 2023
1:47 PM