in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
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Yes, state credits and deductions often depend on your total income or total household income, whether the income is taxable or not. It's not actually reported as income on the return, just used for specific calculations. Just multiply your monthly benefit amount times the number of months you received it, 12 for the whole year.
Yes, state credits and deductions often depend on your total income or total household income, whether the income is taxable or not. It's not actually reported as income on the return, just used for specific calculations. Just multiply your monthly benefit amount times the number of months you received it, 12 for the whole year.
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