Question: please help me!! answer multiple choice D Question 1 High income taxpayers do not have phaseouts of tax benefits. Such phaseouts mainly apply to low

please help me!! answer multiple choice

D Question 1 High income taxpayers do not have phaseouts of tax benefits. Such phaseouts mainly apply to low income taxpayers. True False Question 2 Which of the following is not true with regard to tax credits? Credits can be refundable Credits can be nonrefundable A tax credit lowers taxable income O Credits represent a dollar for dollar reduction in tax liability Question 3 3 pts To claim a child as a dependent you must provide 100% of the support for that child. O True False D Question 4 3 pts Income from stocks and bonds are usually considered which type of income O Passive income Portfolio income Active income Risk income

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