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tax help online
Tax Help
On the other hand, a tax credit of the same amount would reduce the amount of taxes owed by $1,000
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The credit begins to phase out for single individuals with modified AGI above $75,000 ($150,000 for married couples filing jointly)
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Kennedy is author of “Loopholes of the Rich: How The Rich Legally Make More Money & Pay Less Tax.” TaxCents can be reached at (866) TAXCENTS