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In response to
"everyone here is saying credit against what you owe, not against liability. if this is true, there's kind of no incentive because the vast majority of"
by
amanda jeans
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Everyone here is probably either mistaken or using ambiguous terminology. It’s a non-refundable credit, so cannot exceed your tax liability. -- (edited)
Posted by
znufrii
Apr 12 '21, 10:45
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It has nothing to do with how much you’d otherwise owe when you file your return.
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