Can someone please help me with this? Please see below:
Last year
- You filed as Single.
- Your total income was $45,626.
- You took the Standard Deduction of $13,850.
- Your taxable income was $31,776.
- Your total tax before credits was $3,593.
- You claimed $584 in tax credits.
- Your total payments were $3,770 from W-2 and 1099 withholdings.
- You received a refund of $761.
This year
- Your filing status is still Single.
- Your total income is $40,136.
- You are taking the Standard Deduction of $14,600.
- Your taxable income is $25,536.
- Your total tax before credits is $2,942.
- You did not claim any tax credits.
- Your total payments are $2,675 from your W-2 withholdings.
- You have a balance due of $267.
Last year, I claimed $584 in tax credits, but 0 this year. I'm thinking that I did something wrong this year. How do I identify what the $584 credit consisted of for last year? Is there a specific place on last year's return that I can look? This year's income was about $5,500 less than last years. Could I have overlooked something? Thanks in advance.
