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Suppose a student is in the 10% tax bracket. Once he begins college, he can choose a $5200 deduction or a $3000 credit to offset
Suppose a student is in the 10% tax bracket. Once he begins college, he can choose a $5200 deduction or a $3000 credit to offset tuition and fees. Which option will reduce his tax bill by the greater amount? What is the difference in his savings between the two options
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