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Deductions & credits
Yeah...but your own figures up near the top...show an $827 Federal credit in 2021. and $0 in 2022
In my 2021 test file with 16,000 W-2 income...that's ALL due to the free EITC (earned income tax credit) that the IRS gave to you. And you didn't get it this year (2022) because your income exceeded the limits for when they dole out those free $$.
The Feds give that credit to working, low income folks as kind-of a reward for at least trying to work during the year...but it phases out before 30,000 of working income.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 23, 2023
7:58 AM