Which of the following best describes the effect of a tax credit?      A. It reduces a person’s gross income.        B. It reduces a person’s adjusted gross income.        C. It reduces a person’s taxable income.        D. It reduces a person’s tax liability.

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Which of the following best describes the effect of a tax credit?

 
 
 A.
It reduces a person’s gross income.  
 
 
 B.
It reduces a person’s adjusted gross income.  
 
 
 C.
It reduces a person’s taxable income.  
 
 
 D.
It reduces a person’s tax liability.  
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