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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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
schrodinger
  • schrodinger
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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anonymous
  • anonymous
anonymous
  • anonymous
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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