What are Tax Credits and Tax Deductions and How Do They Work? - TurboTax Support Video
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https://myturbotax.intuit.com What are Tax Credits and Tax Deductions and How Do They Work? Credits and deductions both reduce your tax bill, but in different ways. Tax credits reduce the amount of taxes you owe dollar-for-dollar. Tax deductions reduce the amount of income you'll owe taxes on. Learn more about the difference between tax credits and tax deductions, how both work and may affect your tax refund with this helpful video from TurboTax Support. TurboTax Home: https://turbotax.intuit.com TurboTax Support: https://ttlc.intuit.com/ TurboTax Blog: http://blog.turbotax.intuit.com TurboTax Twitter: https://twitter.com/turbotax TurboTax Facebook: https://www.facebook.com/TurboTax TurboTax Pinterest: https://www.pinterest.com/turbotax/ TurboTax Tumblr: http://turbotax.tumblr.com/

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