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24.Suppose that you owe $4,000 in income taxes but manage to reduce that amount by $2,000 because you paid college tuition that year. The subtraction

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24.Suppose that you owe $4,000 in income taxes but manage to reduce that amount by $2,000 because you 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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