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Level 2
posted Feb 17, 2024 6:56:34 AM

Why does my tax due INCREASE after entering a business deduction?

0 1 203
1 Replies
Level 15
Feb 17, 2024 7:08:27 AM

We cannot see your return.   One possibility is that other credits are being affected when you enter your business expenses.   That can have an effect on refundable credits like earned income credit or the additional child tax credit amounts.