Problem 2:

1. Victoria has a marginal tax rate of 33%. She realizes that she neglected to include a $5450 tax deduction. If she includes thus $5450 tax deduction on her tax return, how will thus affect her taxes?
2. If she had forgotten $5450 tax credits ( i.e. childrens arts amount and adoption expenses) instead if a $5450 tax deduction, how wold her taxes be affected is she were to include these tax credits on her tax return? (assume year in 2017)