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May 10, 2024

Discussion

The IRS maintains a special webpage for Credits and Deductions for individuals. https://www.irs.gov/credits-and-deductions-for-ind… Visit that webpage and read about one deduction or credit not covered in this week’s material. Prepare two or three paragraphs that clearly explain what the credit/deduction does, who it is for, and how it works. Give an example.

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