spacenoodles222 spacenoodles222

12-03-2019
Business

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Which options best describe examples of items that may be used to reduce the amount of your taxable income? (Select all that may apply).

Interest Income

Tax deductions

Tax credits

Exemptions

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MrCreighton MrCreighton

12-03-2019

All of these will reduce your taxable income EXCEPT interest income. Interest income will actually cause your tax liability to increase.

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