"A tax credit reduces the taxable amount of income you owe taxes on"
is not the same thing as:
"Tax credits reduce the amount of income tax you owe"
The former is a deduction. The latter is a credit. It's really that simple.
is not the same thing as:
"Tax credits reduce the amount of income tax you owe"
The former is a deduction. The latter is a credit. It's really that simple.
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