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Deductions & credits
Thanks,that's what i thought and i paid federal taxes through my payroll deductions of over $25000 already so the credit is way less than what i paid or owe. Which is why i don't understand why the full credit is not being applied. This also happened to me last year for the EV car and charger credit. The full amount wasn't reflected on my return by turbo tax. I think turbo tax software just doesn't know how to use the credit and you get shortchanged. I'll probably have to talk to a CPA to see what the errors with the software preparation is.
‎February 13, 2023
12:46 PM