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tax credits or deductions itemizing or standard deduction which should I choose Iamp;#39;m going to give you the very short answer here first go with ever which one will save you the most money or you can check into both options on your own using the tax prep software or you can have your CPA check for you when you claim the standard deduction youamp;#39;re able to reduce your taxable income by a set amount of money and when you claim itemized deductions you lower your income from a list of expenses that the IRS has pre-approved if your deductible expenses were more than the value of the standard deduction itemizing could be a useful way to maximize your tax benefits as far as tax credits or deductions all things equal credits are generally considered preferable to tax deductions credits directly reduce the amount of tax you owe dollar for dollar and deductions lower the amount of income that could be taxed on ultimately if youamp;#39;re eligible for both a credit and a deduction fo
