Reduce column B by your HRA amount resulted in a zero PTC for me. If you get an HRA you should get zero PTC, so it's not proper logic, if someone got say a very small HRA, it might not reduce the PT...
See more...
Reduce column B by your HRA amount resulted in a zero PTC for me. If you get an HRA you should get zero PTC, so it's not proper logic, if someone got say a very small HRA, it might not reduce the PTC to zero, but then you would probably not have taken the HRA and gone for the PTC instead. Column C is tax credit you already received, while it might also reduce a tax return, it would indicate a PTC you didn't actually get, so really not the right approach. Intuit really needs to fix this properly, not fudge numbers. For anyone who doesn't already know you can't have both an HRA and PTC you're going to get tax rebate you're not due, and it will likely catch up with you, especially with the current administration's focus on the issue.