tax credits vs income tax reductions
| 16:45 Feb 28, 2020 |
| English to Polish translations [PRO] Bus/Financial - Law: Taxation & Customs | |||||
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Answers
14 mins confidence: 
ulgi podatkowe vs. sumy odliczone na podatki Explanation: I think this is credits and deductions. ccccccccc Tax credits and tax deductions may be the most satisfying part of preparing your tax return. Both reduce your tax bill, but in very different ways. Tax credits directly reduce the amount of tax you owe, giving you a dollar-for-dollar reduction of your tax liability. A tax credit valued at $1,000, for instance, lowers your tax bill by the corresponding $1,000. Tax deductions, on the other hand, reduce how much of your income is subject to taxes. Deductions lower your taxable income by the percentage of your highest federal income tax bracket. So if you fall into the 22% tax bracket, a $1,000 deduction saves you $220. https://www.nerdwallet.com/blog/taxes/tax-credit-vs-tax-dedu... |
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25 mins confidence:
ulgi podatkowe vs. obniżenia podatków Explanation: Słownik Jaślanów strona 510 Example sentence(s):
https://www.diki.pl/slownik-angielskiego?q=tax+credit |
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1 day 38 mins confidence:
ulgi podatkowe vs obniżenie podstawy opodatkowania Explanation: jak wyżej |
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3 days 6 hrs confidence:
ulgi podatkowe / odliczenia od podatku dochodowego Explanation: może tak? |
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