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Josh, a human resource manager, used to handle employee recruitment and compensation for his organization. After a promotion, he was responsible for handling employee recruitment, compensation, and benefits. Which of the following is true of Josh?
American Opportunity Tax
A credit designed to help students with costs of higher education by reducing taxes or increasing a tax refund.
Credit
A direct reduction of tax owed, not just a reduction of taxable income, which can also refer to borrowing capacity in financial contexts.
Credit for the Elderly
A tax credit available to taxpayers aged 65 and older, aimed at reducing the tax liability for qualified individuals.
Permanent Disability
A condition where an individual is unable to work and earn income due to a long-term injury or illness, often leading to eligibility for certain benefits.
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