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

Question

05-03-2021
Advanced Placement (AP)

Answered

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

Sagot :

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jbarrett32 jbarrett32 · Answer 1 · 2021-03-09T11:57:46-05:00

jbarrett32 jbarrett32

09-03-2021

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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