Which One of the Following Is a Refundable Credit

question 28

Multiple Choice

Which one of the following is a refundable credit?

• A)earned income credit
• B)child and dependent care credit
• C)lifetime learning credit
• D)credit for the elderly and disabled

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Definitions:

Commercial Bank

A commercial bank is a financial institution that offers various services, such as accepting deposits, providing business loans, and offering basic investment products to individuals and businesses.

Corporate Bank

A financial institution that provides services such as loans, currency exchange, and large-scale investment opportunities to businesses and corporations.

Commercial Letter

A commercial letter is a document used in international trade that provides specific instructions or information regarding the shipment of goods.

Secure Form

A digital form that implements security measures to protect the data being transmitted from unauthorized access or alterations.