tax question?

Question

Would an individual taxpayer receive greater benefit from deducting an expenditure or from taking a credit equal to 25% of the expenditure? How would your response change if the item would only be deductible from AGI?

Answer 1

I depends on what tax bracket you are in.

Someone in the 15% bracket would get a bigger benefit from a 25% credit but someone in the 35% bracket would get less.