Question

What is the difference between tax credits and tax deductions?

Answer 1

well taxes provide a dollar-reduction of your income tax... hey if u look up the answer on google chrome i promise u will find ur answer just look up the question that u want to be answered

Answer 2

Tax credits provide a dollar-for dollar reduction of your income tax liability
and tax deductions lower your taxable income and they are equal to the percentage of your marginal tax bracket.