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Is A Tax Credit Or Deduction Better? TAXES 2022 In today’s video, we’ll cover how to use tax deductions and credits to your advantage so you can save money on your tax bill. After all, who doesn’t want to pay fewer taxes? ✍️ HELPFUL LINKS ✍️ ✦Learn more about Wealthfront 👉 https://bit.ly/3fnlMi2 🕒 TIMESTAMPS 🕒 00:00 -- Intro 00:20 -- What are tax deductions? 01:59 -- AMT note 02:29 -- What are tax credits? 05:21 -- Common deductions + credits 08:58 -- Self-employed deductions + credits 📝 DISCLOSURE 📝 The information contained in this communication is provided for general informational purposes only, and should not be construed as investment or tax advice. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance. Wealthfront Advisers and its affiliates do not provide tax advice and investors are encouraged to consult with their personal tax advisors to discuss tax-related matters specific to their situation. Investment advisory services are provided by Wealthfront Advisers LLC, an SEC-registered investment adviser, and brokerage products and services are provided by Wealthfront Brokerage LLC, Member FINRA/SIPC. Sources https://www.nerdwallet.com/article/ta... https://www.investopedia.com/terms/t/... https://www.investopedia.com/terms/t/... https://turbotax.intuit.com/tax-tips/... https://turbotax.intuit.com/tax-tips/... irs.gov