MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 2 terms
MindTap for Garman/Forgue's Personal Finance Tax Update, 13th Edition [Instant Access], 2 terms
13th Edition
ISBN: 9780357438909
Author: Garman; E. Thomas; Forgue; Raymond
Publisher: Cengage Learning US
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Chapter 4.2, Problem 7CC
Summary Introduction

To Explain: Various examples of the tax credit.

Introduction: Tax credit is amount of tax that taxpayers can deduct from the tax payableto the government. The value of the tax credit depends on the type of credit. It is more favorable than tax exemptions. 

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The Basics of Tax Preparation; Author: Roosevelt University;https://www.youtube.com/watch?v=EJpTwf9b82M;License: Standard Youtube License