part 5

New Project - Mix E. Home - Students Federal Taxation .... edits (Problem Se Calculator Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches. art3 Definitions ants Match the following terms with the appropriate definition. Click on the term in the left column first and then on the correct definition in the right column. 114 Clear All Research activities credit It consists of three components: the incremental research activit the energy credit. nd.de.. Self-employment tax A tax of 12.4 percent is levied on individuals with net earnings fr Security benefits. In addition, a tax of 2.9 percent is levied to pr Tax credit for the elderly or disabled The maximum allowable credit is 15 percent of qualifying retirer a taxpayer who receives Social Security benefits or has AGI exce ces Tax credits Amounts that directly reduce a taxpayer's tax liability. o