More info:
My "nonrefundable" credit comes to $2,857, and my "refundable" credit comes to $2,143, which adds up to $5,000. My 2006 carryover was $24,640, and my 2007 carrover is 19,640. These amounts appear to have been transferred from the 8801 form to the 1040 form. Maybe TT is working right after all?
In the Deductions and Credits section of the interview, I see the credit for $2,857. In the 1040 itself, I see that a payment of $2,143 was added to the payments from the W-2.
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financial checklist:
[x] emergency fund fully funded [x] no cc debt [x] >10% to 401k
Last edited by zetta : 03-24-2008 at 08:52 AM.
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