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March 31, 2020
Question

Credit

  • March 31, 2020
  • 1 reply
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Hello I’m a 19 year old dude from a small town and I’m having trouble with learning about credit and tax returns and I was wondering if someone could please explain both to me  

    1 reply

    ColeenD3
    March 31, 2020

    This is a big topic. Basically you are taxed on your income. Deductions reduce the amount of income you are taxed on. Credits reduce the amount of tax you pay.

     

    Many a person has studied Pub 17 to learn about taxes. Pub 17

     

    @ERICKMICHAEL