February 21, 2017

Homework Help: Math

Posted by Matt on Thursday, December 10, 2009 at 12:11am.

match the word with the definition:
(A)Personal exemptions
(C)Tax credits
(D)Itemized deductions

(1) The amount you may be able to deduct from your adjested gross income based on how you spent your money during the year.

(2) A set amount subracted from your adjusted gross income for you and each member of your family that is not dependent on filing status.

(3) An amount subtracted or added to your gross income

(4) an amount subtracted directly off of your Total Tax owed.

I think
A = 1
B= 4
C= 3
D = 2

Is this correct... Ive never done tax defintions

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