When comparing tax deductions with tax credits, it would generally considered to be true that:Tax...

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Accounting

When comparing tax deductions with tax credits, it would generally considered to be true that:Tax deductions are more advantageous for higher income earners than tax creditsTax deductions are more advantageous for lower income earners than tax credits It depends on the source of your income in determining whether tax credit or deductions are more advantageousIt depends on whether you are self-employed or not in determining whether tax credit or deductions are more advantageous

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