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Deductions & credits
Thanks for your fast response. I followed your advice and did a little digging and discovered after I entered the "Foreign Earned Income", the amount of "Premium Tax Credit" (Form 8962) got reduced because the "Annual Contribution Amt" got increased from 0 to almost $5000. Be honestly I have not clue what these tax codes are for and not sure if I should just use TT's calculations as is. Any advice is greatly appreciated. Thanks.
‎February 17, 2022
4:09 PM