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I figured it out, line 27 is limited to $4000, I hadn't realized that.
I figured it out, line 27 is limited to $4000, I hadn't realized that.
It doesn't work that way. The EIC is a refundable credit and comes after your tax liability has been reduced to zero.
The non refundable portion (up to $1500) of the American Opportunity Credit is applied to your tax liability and the $1000 refundable comes later
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