If Something Is Ethical, It Must Not Be Illegal

question 14

True/False

If something is ethical, it must not be illegal.

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Definitions:

Lifetime Learning Credit

The Lifetime Learning Credit is a tax credit available in the United States for qualified tuition and related expenses paid for eligible students enrolled in an eligible educational institution, intended to promote post-secondary education.

Per Taxpayer

Refers to allowances, deductions, or credits applied on an individual basis for each taxpayer.

Child Tax Credit

A tax credit offered to eligible taxpayers for each qualifying dependent child, intended to help offset the cost of raising children.

American Opportunity Tax Credit

A credit for qualified education expenses paid for an eligible student for the first four years of higher education, aimed at making college more affordable.