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yummy93
New Member

I’m confused on how from a 12,000 overall to me Only getting 542 can you please explain?

 
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SweetieJean
Level 15

I’m confused on how from a 12,000 overall to me Only getting 542 can you please explain?

You may have seen "Tax Breaks" such as Personal Exemptions and the Standard deduction. These are subtractions from income, before the taxes are calculated. They are not tax credits or refunds.

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

View solution in original post

1 Reply
SweetieJean
Level 15

I’m confused on how from a 12,000 overall to me Only getting 542 can you please explain?

You may have seen "Tax Breaks" such as Personal Exemptions and the Standard deduction. These are subtractions from income, before the taxes are calculated. They are not tax credits or refunds.

https://ttlc.intuit.com/questions/1901539-how-do-i-preview-my-turbotax-online-return-before-filing

View solution in original post

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