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  • Summary of the tax credits that were claimed on Form 1040 for the 2020 tax year

    Summary of the tax credits that were claimed on Form 1040 for the 2020 tax year

    September 06, 2023 | 07:17am

    In the tax year 2020, more than 164 million people sent their tax returns to the Internal Revenue Service. They used more than 159 million tax credit claims worth more than $277 billion to lower the amount of taxes they had to pay.
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