Timeline for Will I receive money back from the IRS if I buy an EV?
Current License: CC BY-SA 4.0
5 events
when toggle format | what | by | license | comment | |
---|---|---|---|---|---|
Nov 2 at 22:40 | comment | added | Village | So, if in April, I owe $12,000 in taxes, paid all of it already out of monthly paycheck deductions, I should get a check back from the IRS for $7,500? | |
Oct 21 at 20:07 | comment | added | mkennedy | @Kevin That's a great point. Thank you. I've tried to incorporate your comment into my answer. | |
Oct 21 at 13:09 | history | edited | mkennedy | CC BY-SA 4.0 |
incorporated Kevin's comment
|
Oct 20 at 17:45 | comment | added | Kevin | Note that, while it cannot reduce your tax liability below zero, it absolutely can reduce your tax liability below whatever number is on your W-4, meaning it could cause you to receive a tax refund when you would otherwise get no refund or owe the IRS. | |
Oct 19 at 17:10 | history | answered | mkennedy | CC BY-SA 4.0 |