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March 12, 2020
Question

Why does my tax return decrease by 1,000$ when I put 2,000 on 1099-Int

  • March 12, 2020
  • 1 reply
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DawnC
Employee
March 12, 2020

By any chance, did you add an extra 0 when you entered the amount?   

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Critter
Employee
March 13, 2020

Review the return with and without that entry to see what it affected ... some incomes can affect credits and taxable SS benefits.