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1. The amount of Earned Income Credit a taxpayer receives is based on: a. Filing status of taxpayer b. Number of qualifying children for EIC

1. The amount of Earned Income Credit a taxpayer receives is based on:

a. Filing status of taxpayer

b. Number of qualifying children for EIC

c. Amount of earned income

d. All of the above

2. A taxpayer can apply for a waiver from the Underpayment of Estimated Tax penalty using Form:

a. W-4

b. 2210

c.1040-ES

d.656

3. One potential drawback of paying IRS taxes with a credit card is:

a. The IRS does not allow payment of taxes with credit cards

b. The payment is typically subject to a transaction fee of around 3%

c. You can get miles from your credit card company

d. All of the above

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