Elegija77
New Member

Deductions & credits

Maya, I do not think that TurboTax is calculating this credit correct way. TurboTax is not eliminating my tax liability the way they should... Let's say my final taxable income is $60k and I owe 22% as per law. That equals a $13,200 tax liability. The credit then covers all those taxes and $13,200 ++++ they took out of my paycheck throughout the year is refunded back... It seems like turbotax is not doing that. TurboTax is trying to give me my refund like normal without eliminating my tax liability. Please look in to this. Thank you,