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Tax credits: A. are a dollar-for-dollar reduction of a taxpayer's tax liability B. have the same impact on tax liability as for AGI deductions C.
Tax credits: A. are a dollar-for-dollar reduction of a taxpayer's tax liability B. have the same impact on tax liability as for AGI deductions C. are always limited (in total) to the taxpayer's tax liability
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
3rd edition
9781337909402, 978-1337788281
