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Deductions & credits
I have had $3000 of Federal tax withheld and owe $2775 in taxes, so I have a tax refund of $225. Do I have a "tax liability" that enables me to receive the tax credit on form 5695? Or do I need to owe more in taxes than the amount that's already been withheld? The IRS language regarding this issue is not clear to me.
‎February 28, 2026
1:32 PM