anonymous
  • anonymous
What is the difference between a tax credit and a tax deduction? a. A tax credit represents money owed to you, while a tax deduction represents money you owe. b. A tax credit reduces the amount of money you must pay, while a tax deduction reduces your taxable income. c. A tax credit is owed money that collects interest, while a tax deduction is money that you do not have to pay. d. A tax credit occurs if you underpaid during the year, and a tax deduction occurs if you overpaid.
Mathematics
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SOLVED
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jamiebookeater
  • jamiebookeater
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anonymous
  • anonymous
@Vocaloid
anonymous
  • anonymous
@taramgrant0543664
anonymous
  • anonymous
i think its A but am not sure

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taramgrant0543664
  • taramgrant0543664
Tax credit allows taxpayers to subtract the amount of the credit from the total they owe. Tax deduction is a reduction of income that is able to be taxed. So I'm thinking its B
anonymous
  • anonymous
ill give you a medal if ur rigth

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