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Can medical or all deductions get so high that the refund meter stops increasing? (I'm not using Standard Deduct; MFJ)
I just now subtracted $8000 randomly from $42,000 med expenses, and taxes refunded amount didn't drop. So I guess there IS a ceiling, based on total income??
Ever since my refund dropped due to ACA subsidy I have to repay, it seems to have locked the refund at one small amount.
What's the deal???
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‎June 4, 2019
12:21 PM