When
you enter an expense, and lower your taxable income, your eligibility for
certain credits such a the Earned Income Credit, and Child Tax Credit
may be reduced or eliminated thus lowering your refund meter reading.
The
more information you enter, the more accurate the refund meter will be, and
will not be totally accurate (and thus truly meaningful) until you
have entered all of your information including
all income and expense/deductions.
In other words, do not
concern yourself with the refund meter until you have completed your return. If
at that time your result is of concern, we will be glad to address it with you.
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