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37-42: Tax Credits and Tax Deductions. Determine how much the fol- lowing individuals or couples will save in taxes if they use the specified tax

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37-42: Tax Credits and Tax Deductions. Determine how much the fol- lowing individuals or couples will save in taxes if they use the specified tax credits or deductions. r- 38. Vanessa is in the 35% tax bracket and takes the standard de- duction. How much will her tax bill be reduced if she quali- fies for a $1500 tax credit

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