It's tax time, and I get a lot of questions about different aspects of taxes. I am not a tax professional, nor am I financial professional. But there are some things I know. And one of those things is the difference between a deduction and a credit. Here is a look at the essential differences between these two items that can affect how much you pay in taxes. So, download a Schedule A, figure out whether or not you want to itemize, and figure out which credits you qualify for. You can consult a tax professional or check the IRS web site for more informaiton.

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