- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Is there a max you can enter for employment expenses. Tax refund is not changing when additional expenses are added.
Topics:
March 18, 2021
7:25 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Credits and deductions
Employment expenses are a deduction from your income, not a credit. It helps to lower your net income, and therefore your taxable income. Depending on your situation, this may or may not affect your refund. But you will not get anything directly added to your refund.
You can see how much of the deduction you are getting by looking at line 22900 Other employment expenses on your detailed tax summary.
This FAQ shows you how to get to the Detailed Summary in TurboTax Online: https://turbotax.community.intuit.ca/community/tax-return-status/help/how-can-i-see-a-detailed-summa...
March 20, 2021
5:38 PM