1: How is a tax liability reduced in general on a tax return? 2: How...

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Accounting

1: How is a tax liability reduced in general on a tax return?

2: How do retirement accounts reduce tax liability?

3: In what circumstances would not all children be able to be listed as dependents on a tax return

You do not need to know specifics about a tax return, the above questions are conceptual and any relevant tax laws or regulations that can be cited would be appreciated.

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