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taxcredit
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$7500 Federal Credit, anyone actually got it?
Ive heard mixed messages about what the 7500 credit is. Some say it lowers your federal tax liability by $7500 but you don’t get a refund. Can anyone clarify? For arguments sake let’s say my federal tax liability is $0 will I get back $7500 tax refund from Uncle Sam? If that’s not indeed the...