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IRS Gibberish of the Week
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BobKamman
Level 15
09-04-2023
05:47 PM
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I found this in an IRS email sent to practitioners on Friday. IRS often lists a PhD (or equivalent experience) in its requirements for a Public Affairs job -- but no tax training needed:
"Also, the clean vehicles tax credits are non-refundable tax credits meaning that these credits can’t be used to increase the taxpayer’s tax refund or to create a tax refund. These credits will only reduce the amount of tax they owe."
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