Question

You have the option of deducting​ $2,000 as an​ "adjustment to​ income" or $250 tax credit on the back page. Which option will reduce you taxes by the largest​ amount?

Answer 1

Answer:

"adjustment to​ income"

Explanation:

"adjustment to​ income" determine the actual gross income that can be taxed.

In this situation tax credit is $ 250 which is less than deductions $ 2000.

$ 2000 will reduce taxes by larger amount.