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mckale1122
April 9, 2022
Question

If i have spent nearly 3000 dolars in gas for my self employment why is my tax cut 12 cdollars

  • April 9, 2022
  • 1 reply
  • 0 views
i thought that my right offs would majorly off set the amount i owe but i still owe over 3000 in taxes

1 reply

ColeenD3
ColeenD3
April 9, 2022

You can only take a deduction for the business use of your car. Your mileage determines the percentage. Go back over your entries and see if you can see what is going on. Also, actually look at your tax return.

 

In order to preview your return, please follow the instructions below:

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  3. Click on Tools.
  4. Click on View Tax Summary under Other helpful links.
  5. Click on Preview my 1040.

 

 

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