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New Member
posted Jun 4, 2019 10:50:44 PM

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

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1 Best answer
Level 15
Jun 4, 2019 10:50:46 PM

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

1 Replies
Level 15
Jun 4, 2019 10:50:46 PM

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