Seaduck79
Returning Member

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?