It says my biggest tax break is 6,000 but it didnt add it why?
It says my biggest tax break is 6,000 but it didnt change. Why? Am i not making enough to get that?
02460
2 Replies
becky79
New Member
May 31, 2019 11:13:35 PM
The tax break you are referring to is a deduction of your income that lowers the amount that is taxable and makes your total tax amount lower. It is not a refund amount.
VolvoGirl
Level 15
May 31, 2019 11:13:37 PM
You don't get tax breaks back. They just reduce your income before the tax is calculated so you get taxed on a lower amount. Like you get $4,050 for each dependent. That means the first $4,050 of income is tax free.