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Deductions & credits
So I am in the same situation.
In our situation we had an unfortunate series of events and had to forfeit $1500 fro. Our DCSA.
So now we not only loose that money but we now get taxed and on top of that we do not qualify for a child tax credit, because of this "benefit".
Having a hard time understanding why this is even considered a benefit if you are in the middle of a tax bracket this is a bit scummy IMO
‎February 16, 2024
6:27 PM