. As distinguished from deductions, tax credit is a. A deduction from gross sales/receipts b. A deduction from gross income c. A deduction on tax due d. A deduction from other income
. As distinguished from deductions, tax credit is a. A deduction from gross sales/receipts b. A deduction from gross income c. A deduction on tax due d. A deduction from other income
Chapter9: Deductions: Employee And Self-employed-related Expenses
Section: Chapter Questions
Problem 3BCRQ
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14. As distinguished from deductions, tax credit is
a. A deduction from gross sales/receipts
b. A deduction from gross income
c. A deduction on tax due
d. A deduction from other income
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