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Deductions & credits
Must the $7500 credit be used only at tax time?
If I owe $18k in federal taxes for this year and I have a $7500 tax credit. Doesn't that mean I owe $10500 tax and I can stop tax deduction from my paycheck for rest of this year as I have already paid $16k?
‎October 22, 2019
1:40 PM