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Deductions
- 5 Things You Didn’t Know Were Tax Deductions
You might have tax deductions hiding in babysitter payments and those extra supplies you bought for the classroom last year.
- Tuition and Fees Deduction
Those facing skyrocketing college tuition bills will want to learn as much as possible about how the tuition and fee deduction can lower their tax bills.
- Tax Deductions vs. Tax Credits
Both tax deductions and credits help reduce your income tax liability but in different ways and for different reasons.