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3 Education tax credits are available for qualified tuition expenses, fees, room and board. O True False QUESTION 4 If a taxpayer is in the
3 Education tax credits are available for qualified tuition expenses, fees, room and board. O True False QUESTION 4 If a taxpayer is in the 25% marginal tax bracket, a $2,500 tax credit will yield the same tax advantage as a $10,000 tax deduction. O True O False QUESTION 5 Refundable tax credits are of no benefit to a taxpayer who has no tax liability. True False QUESTION 6 Click Save and Submit to save and submit. Click Save All Answers to save all answers. 1.5 p 1. Save All Answers
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