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Which of the following is an adjustment that will generally result in a lower tax liability for an eligible taxpayer because it directly reduces the
Which of the following is an adjustment that will generally result in a lower tax liability for an eligible taxpayer because it directly reduces the taxpayers total income from sources such as wages, business income, dividends, capital gains and other income?
a) An education credit
b) An IRA deduction
c) Medical and dental expenses deduction
d) The retirement saving contributions credit (savers credit)
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