An _______ Is a Numeric Value Assigned to Credit Habits,bill

question 15

Multiple Choice

An _______ is a numeric value assigned to credit habits,bill paying,and history.

• A)FICO Score
• B)Annual percentage score
• C)Financial Score
• D)FDIC Score

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Definitions:

Qualifying Children

are dependents who meet certain conditions regarding relationship, age, residency, and support, affecting tax benefits.

AGI

Adjusted Gross Income, which is gross income minus specific deductions, used to calculate an individual's tax liability.

EIC

The Earned Income Credit, a refundable tax credit for low- to moderate-income working individuals and families, particularly those with children.

Tax Liability

The total amount of tax that an individual or business is legally obligated to pay to a taxing authority.