jessicaiscool411 jessicaiscool411
  • 07-02-2020
  • Mathematics
contestada

What is the difference between tax credit and tax union

Respuesta :

alishedd83
alishedd83 alishedd83
  • 07-02-2020

The big difference between tax deductions vs. tax credits is that deductions chip away at the income you'll pay taxes on, which then reduces your taxes, while credits directly reduce the amount of taxes you owe. Nonrefundable tax credits can't increase your tax refund — they can only reduce the amount you owe in taxes.

Hope this helps! ;)

Answer Link

Otras preguntas

At work chyanne is off duty for 1.6 hours each day for lunch and breaks. What is the total time, in hours, that she is off duty over a period of eight work days
Which group of words is an independent clause? A) Its excited demeanor. B) The dog needs to go for a walk. C) Growing taller every day.
Which describes autonomy? a curfew maturity independence a value
What do the words "target organ" mean in the procedure?
David drove 135 miles in 3 hours
Knowing how to write and present a quality paper is a skill you will only use in high school.
A store sells 2 printers for every 5 computers. The store sells 40 computers. How many printers does the store sell? Complete the ratio table to solve the pro
four words that means the same as slow
Who can help me write a 5 paragraph essay ?
Which word set completes the following analogy?architect : building :: __________:_________