- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Adding this claim changed nothing on my tax return refund.
I'm trying to understand if I lost money because of this. If my overall take home pay was lower because of this. For example, if this was all corrected in 2022, does that mean that I could have gotten a refund? Versus 2023 when it doesn't change anything?
What if my net income for 2022 was for example $110,000 and gross income was $140,000. And, the federal income tax deduction was $20,000. If the gross income overpayment was $30,000 and the paid back amount was $24,000, how would that have been different?
I'm confused as to whether I lost any after-tax income because of this because of the years the mistake happened and the year it was corrected.
If it doesn't make any difference which year each part of this situation happened as it relates to my take home net income that's what I'd like to know. Asked yet another way I'd also like to know if because of the way the errors were corrected, if I for example I lost $6,000 in my take home pay that I will never be able to recover.