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| The best strategies for reducing your taxable income is to itemize your deductions |
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| Once we've tweaked our taxable income, we are ready to focus our attention on various tax credits |
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| Tax credits reduce your tax. There are tax credits for college expenses, for saving for retirement, and for adopting children. |
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| and the three biggest deductions are mortgage interest, state taxes, and gifts to charity. |
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| getting married or having more dependents. |
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