Question

When preparing your taxes, what can possibly help
reduce the amount of taxes that you owe?
Stock and savings interest
Sharing what you earned on a W-2 or 1099 form
Having stock dividends
Credits and deductions

Answer 1

When preparing your taxes, what can help is Sharing what you earned on a W-2 or 1099 form.

What are some expenses that can be taken as a tax deduction?

Note that a  person's Office supplies, credit card processing fees, tax preparation fees, etc., are some expenses that are taken as tax deductions.

Conclusively, Taxes are some amount of money taken by the government from our income. By Sharing what you earned on a W-2 or 1099 form, one can know the amount you earn.

Learn more about taxes from

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Answer 2

Answer:

When preparing your taxes, credits and deductions can possibly help reduce the amount of taxes that you owe.

Explanation: