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Deductions & credits
Interesting. My situation is that my tax bill was (let's say) $15k. I paid in $10k, leaving a liability of $5k.
I have a solar tax credit, of which I can apply $5k, bring my net tax bill to zero, correct?
If that is correct, why is TT Online telling me that I am getting a large (like $10k) refund?
‎April 10, 2023
8:55 AM