Question: A ( n ) is an amount subtracted directly from the amount of taxes owed so that it has a full - dollar effect in
is an amount subtracted directly from the amount of taxes owed so that it has a fulldollar effect in lowering taxes.
a tax deduction
b itemized deduction
c capital gains
d tax credit
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
