简言之

来源: 2011-04-03 14:14:42 [博客] [旧帖] [给我悄悄话] 本文已被阅读:

1.  tax deduction only reduces taxable income while tax credit can lower tax bill $ by $.  That’s why tax credit is more powerful than tax deduction in terms of tax savings.

 

2.  1040表的line 42 w/ college tuition 的关系:whoever takes an exemption by claiming the student as a dependent gets to claim the education credit.