The tax credit for my two kids said 8100, but my refund says 5479. Why the difference?

posted

Didn't get the answer you wanted? Our digital assistant can help you.

1 Best answer

Accepted Solutions

The tax credit for my two kids said 8100, but my refund says 5479. Why the difference?

The DEDUCTION for your dependents is NOT a credit. The $8,100 reduces your taxable income before the calculation of your tax.

View solution in original post

1 Reply

The tax credit for my two kids said 8100, but my refund says 5479. Why the difference?

The DEDUCTION for your dependents is NOT a credit. The $8,100 reduces your taxable income before the calculation of your tax.

Still have questions?

v