- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
My tax will be $ 11,408 for 2020 taxable income. I will receive $ 6000 child tax credit for three children under 17 and $ 7500 for electric vehicle. Which credit will be used first to reduce my tax liability. I think if electric vehicle credit is used first; I should receive $ 2092 in refund.
‎December 11, 2020
9:58 AM