Question: Multiple Select Question Select all that apply Which of the following choices are forms of tax prepayments? A tax credit used to reduce the tax
Multiple Select Question
Select all that apply
Which of the following choices are forms of tax prepayments?
A tax credit used to reduce the tax liability in the current year
Income tax withheld from a taxpayer's salary or wages by an employer
Estimated tax payments the taxpayer made directly to the IRS
An overpayment of taxes in the prior year that was applied as an estimated payment for the current year
A tax refund received in the current year for the prior year
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