Question: Suppose that Dafydd owes $ 4 , 0 0 0 in income taxes but manages to reduce that amount by $ 2 , 0 0

Suppose that Dafydd owes $4,000 in income taxes but manages to reduce that amount by $2,000 because he
paid college tuition that year. The subtraction of $2,000 is a(n):
a. tax credit.
b. standard deduction.
c. exemption.
d. withholding.

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