Mrn
Well-Known Member
- First Name
- Mike
- Joined
- Mar 24, 2022
- Threads
- 71
- Messages
- 578
- Reaction score
- 429
- Location
- Pima County
- Vehicles
- MMES
- Occupation
- Aviation
...but there does seem to be some misunderstanding of how it works. It's my understanding that if you owe the IRS money for 2022 taxes that were under deducted during 2022, you can keep up to 7,500$ of what you owe them. If you owe more than that, you deduct it from the funds you send with your tax filing. If you owe less than that, you don't send them any money, but they also don't send YOU any money. Kind of confusing but, hey, it's the IRS.
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