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1. What is a non-refundable tax refund? Explain them: i. HOUSEHOLD AND DEPENDENT CARE CREDITS ii. ELDERLY AND DISABLED PERSONS iii. AMERICAN OPPORTUNITY TAX AND

1. What is a non-refundable tax refund?

Explain them:

i. HOUSEHOLD AND DEPENDENT CARE CREDITS

ii. ELDERLY AND DISABLED PERSONS

iii. AMERICAN OPPORTUNITY TAX AND LIFETIME LEARNING CREDITS

iv. CHILD TAX CREDIT

v. CREDIT FOR QUALIFIED RETIREMENT SAVINGS

vi. ADOPTION ASSISTANCE CREDIT

2. What is a refundable tax refund?

Explain them:

i. SOCIAL SECURITY TAX REFUNDS CREDIT

ii. EARNED INCOME CREDIT

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