Which of the following credits Is considered refundable? a. Child and dependent care credit b. Retirement plan
Question:
Which of the following credits Is considered “refundable”?
a. Child and dependent care credit
b. Retirement plan contribution credit
c. Child tax credit
d. Credit for elderly
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
c C...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young
Question Posted:
Students also viewed these Business questions
-
Multiple Choice Questions 1. Jerry and Ellen are married filing jointly with AGI of $45,000. They made a $1,500 contribution to a qualified retirement plan. How much is their retirement savings...
-
Which of the following credits is not refundable? a. Child Tax Credit b. Child and Dependent Care Credit c. American Opportunity Tax Credit d. Earned Income Credit
-
Which of the following credits is refundable? a. Child Tax Credit b. Child and Dependent Care Credit c. Lifetime Learning Credit d. Foreign Tax Credit
-
In Problems 67 90, multiply the polynomials using the special product formulas. Express your answer as a single polynomial in standard form. (x-4)
-
(a) Let λ Z+. If we have λ different colors available, in how many ways can we color the vertices of the graph shown in Fig. 8.14(a) so that no adjacent vertices share the...
-
A blue van and a red van, each having nine passenger seats, have arrived to take ten people to the airport. In how many different ways can the passengers be assigned to the vans?
-
Assume the same information as in question 4. Also assume that beginning work in process had \($6,000\) in conversion cost and that \($84,000\) in conversion is added during this period. What is the...
-
Wie Company has been operating for just 2 years, producing specialty golf equipment for women golfers. To date, the company has been able to finance its successful operations with investments from...
-
Syarikat Penapisan Petroleum Berhad produces three joint products; Gasoline, Kerosene dan Diesel; and byproduct, i.e. Tar in the same refinery process. The split-off point incurred after the...
-
Add a constraint to make sure the Rep_ID value entered in the BOOK_STORES table is a valid value contained in the STORE_REPS table. The Rep_ID columns of both tables were initially created as...
-
Which of die following statements regarding the self-employment tax Is true? a. Income and expenses from self-employment are reported on Schedule D (Form 1040). b. Self-employment income is subject...
-
Jim spent four years earning his undergraduate degree at a local university. He l^egan his first year of law school in January of the current year. Assuming he is under the phaseout limitation, what...
-
To address his concern regarding the previous advisers asset allocation approach, Raye should assess the Laws portfolio using: A. a homogeneous and mutually exclusive asset classbased risk analysis....
-
Elaborate on the four steps in preparing a cost production report. Explain how the report could help the manager make key decisions for their department
-
Explain the role of cost allocation in a process costing system. Discuss how an operations manager may benefit from receiving a production cost report.
-
How accurate are companies with their estimates (guesses)? Isn't estimating bad debts a way of manipulating net income? How does a company keep control on these estimates?
-
What financial information should be used to determine whether the decision to crossover into cloud computing is acceptable or should be rejected?
-
What transaction do you create in QBO to take advantage of the discount and reduce the amount you pay?
-
1. Would X be someone you would consider as a viable potential candidate for the hospital administrator position, despite his limited technical expertise? Why or why not? 2. If the position being...
-
Heineken N.V., a global brewer based in the Netherlands, reports the following balance sheet accounts for the year ended December 31, 2016 (euros in millions). Prepare the balance sheet for this...
-
Butch Bishop operates a small international firm named Tile, Inc. A new treaty between the United States and Spain conflicts with a Section of the Internal Revenue Code. Butch asks you for advice. If...
-
Butch Bishop operates a small international firm named Tile, Inc. A new treaty between the United States and Spain conflicts with a Section of the Internal Revenue Code. Butch asks you for advice. If...
-
Butch Bishop operates a small international firm named Tile, Inc. A new treaty between the United States and Spain conflicts with a Section of the Internal Revenue Code. Butch asks you for advice. If...
-
How to write commands using Kali Linux? 1) Write a terminal command that will allow you to make a new directory named Dir1 in your users Desktop directory from any location. (e.g. from inside the...
-
Provide NFA and minimized DFA along with the DFA transition table for: (ba)* bb (a|b)+ a b?
-
127.0.0.1 can be found in what file on a Windows computer? config.bat Host Imhost O autoexect.bat
Study smarter with the SolutionInn App