- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
Hi @Texas Roger
Thanks for all your advice on this thread! I have been researching and reading lots of threads but still feel no closer to understanding if I should take any action to maximize my usage of the federal tax credit.
In 2018 I will earn about $85,000 and after checking the table you linked see that my federal tax liability as a single filer is therefore $17,045. In order to use all the federal tax credit, would you advise that I change my current filing? My W-4 is currently set to single with 2 personal allowances.
Thank you,
C
Thanks for all your advice on this thread! I have been researching and reading lots of threads but still feel no closer to understanding if I should take any action to maximize my usage of the federal tax credit.
In 2018 I will earn about $85,000 and after checking the table you linked see that my federal tax liability as a single filer is therefore $17,045. In order to use all the federal tax credit, would you advise that I change my current filing? My W-4 is currently set to single with 2 personal allowances.
Thank you,
C
‎June 7, 2019
3:52 PM