Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
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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