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Investors & landlords
By entering more expenses it will decease your net profit or give you a loss, so you may not be getting as many credits as before. Also after you reduce your income to zero there is no more refund to get back but you still may owe for other things like self employment tax or the 10% early withdrawal penalty from 401k or IRA accounts.
‎April 9, 2025
1:49 PM