which statement about deductions and credits is true?\na. a $1000 deduction will lower your tax bill from…
which statement about deductions and credits is true?\na. a $1000 deduction will lower your tax bill from $1000 to $0\nb. a tax deduction lowers your tax liability more than a credit of the same amount\nc. you have to choose between taking deductions or credits, but not both\nd. you can get money back from a tax credit if your taxes owed are small enough