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A tax credit is an amount of money that you can subtract, dollar for dollar, from the income taxes you owe. Find out if tax credits can save you money.| Investopedia
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The standard deduction is a portion of income that is not subject to tax and can be used to reduce a tax bill instead of itemizing deductions.| Investopedia
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Form 1040 is the standard U.S. individual tax return form that taxpayers use to file their annual income tax returns with the IRS.| Investopedia
Information about Schedule A (Form 1040), Itemized Deductions, including recent updates, related forms, and instructions on how to file. This schedule is used by filers to report itemized deductions.| www.irs.gov