@MitchFabian wrote:
Hi @Opus 17 thanks for all of your responses thus far. I received $3500 after tax as my sign on bonus and paid back $4594.53. When trying to do method 2 for the tax credit, the change in taxes was only $123, which seems extremely low (2.6% tax??). I’d expect it to be around $1000 since I paid back $1094.53 more than I received. Am I wrong in thinking this way?
Why did you repay more than the bonus? How did you figure the credit?
