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You can claim credits and deductions when you file your tax return.

How Credits and Deductions Work

Tax credits and deductions can change the amount of tax you owe so you pay less.

  • Credits can reduce the amount of tax you owe.
  • Deductions can reduce the amount of your income before you calculate the tax you owe.

Business Credits and Deductions

Find credits and deductions for businesses.

Claim Federal Tax Credits and Deductions

Claim certain credits your tax return and you may be able to get a larger refund, while others may give you a refund even if you don't owe any tax.

Claim deductions on your tax return and you may be able to reduce the tax you owe.