Why did my net capital loss of $412 barely increase my estimated refund? My return isn't complex. I only reported wage income, and cryptocurrency trades so far.

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that $412 loss may only be worth $41 or less in additional refund.

we cant see your return so we don't know your exact situation

Ok I misunderstood. A net capital loss decreases your taxable income directly but not taxes owed huh?

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