sjrcpa
Level 15

They are not subject to tax on $19,800.

They are only subject to tax on the amount of the refunded tax that generated a tax benefit in 2022.

This is a basic concept and you are not grasping it.

Try rerunning last year's tax return without the $20K tax payments. How much, if any, did their total federal tax change?


The more I know the more I don’t know.