| Tax
Credits |
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| n | Final
tax = Tax liability minus tax credit |
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| n | Tax
credit is a dollar-to-dollar offset against tax |
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| liability |
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| n | Examples
of possible tax credit |
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| n | Earned
income credit: Credit for low-income |
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| working
individuals and families. |
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| n | Child
tax credit: $1,000 (2006) per child |
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