Tax' Credits' are much like credits you get from a store. You use the credit to reduce the amount of the tax you owe. Tax credits are more valuable than deductions because they directly reduce the amount of tax you owe, rather than reducing the amount of income that is taxed. See also Deductions.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). credits. Retrieved September 25, 2026, from http://smartdefine.org/credits/definitions/1151157 |
| Chicago | Barry Goldsmith. 2010. "credits" http://smartdefine.org/credits/definitions/1151157 (accessed September 25, 2026). |
| Harvard | Barry Goldsmith 2010, credits, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/credits/definitions/1151157>. |
| MLA | Barry Goldsmith. "credits" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/credits/definitions/1151157> |