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In response to
"Imprecise language. Non-refundable credits are limited by your total tax liability for the year, not by how much you might owe when you file. -- (edited)"
by
znufrii
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why not just say that? what I owe is completely different from my liability. so clarifying -- (edited)
Posted by
amanda jeans (aka amanda)
Apr 12 '21, 11:36
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f my fed liability is over $7500 and quota have not been surpassed, I will receive an additional $7500 in my fed tax refund.
(edit: assuming I am owed a refund which I always am since I am poor.)
correct?
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Responses:
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