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Advanced Placement (AP)

Answered

5. How did your tax liability change when you had a child? Why do you think the tax policies
do this?

Answer :

Jbarrett32go Jbarrett32go

Answer:

a new baby also delivers a tax credit of up $2,000,

Explanation:

even if the child was born late in the year. Unlike a deduction that reduces the amount of income the government gets to tax, a credit reduces your tax bill dollar-for-dollar.

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