Alicia works two jobs and still makes very little income. Why is the Saver's Tax Credit a good idea for her?
A) Because it will possibly increase her tax refund
B) Because it will possibly reduce the amount of income tax that she owes
C) It allows her to offset part of the first $2,000 that she can contribute to an IRA or a 401(k) plan.
D) All of the above are correct.
E) Only A and B are correct.
Answer: D
Business
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