You are in the 20% marginal tax bracket. You have the option of deducting $2,000 as an "adjustment to income" on the front page of Form 1040, or you can take a $600 tax credit on the back page. Which option will reduce your taxes by the largest amount?
A) Deducting $2,000 as an adjustment to income
B) Taking a $600 tax credit
C) Both options reduce taxes by the same amount
D) It depends on other factors such as your total taxable income