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You have the option of claiming $8,000 tax deduction of taking a $1,300 tax credit. You are in the 15% Marginal Tax Bracket. Which of

You have the option of claiming $8,000 tax deduction of taking a $1,300 tax credit. You are in the 15% Marginal Tax Bracket. Which of these options will save you the most money in income taxes this year?

OA. $1,300 tax credit OB. $8,000 tax deduction

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