Question: In tax law, a _ _ _ _ _ _ _ _ _ _ _ is a dollar for dollar reduction in the tentative tax.

In tax law, a ___________ is a dollar for dollar reduction in the tentative tax.
Deduction.
Credit.
Exemption.
Exclusion.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!