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How come the more deductions i enter,(ex: gas receipts) the less my federal refund becomes?
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How come the more deductions i enter,(ex: gas receipts) the less my federal refund becomes?
It is likely due to the way EIC is calculated (on a bell curve). However, you are required to claim all of your self-employment expenses.
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How come the more deductions i enter,(ex: gas receipts) the less my federal refund becomes?
It is likely due to the way EIC is calculated (on a bell curve). However, you are required to claim all of your self-employment expenses.