3-Which of the following tax credits is not refundable?

A.

Family tax credit.

B.

Child and dependent care credit.

C.

American opportunity tax credit.

D.

Earned income credit.

14-Which of the following is an alternative minimum tax preference?

A.

Tax exempt interest from private activity bonds issued during the year.

B.

Charitable contribution deduction of appreciated capital gain property.

C.

Incentive stock options exercised during the year.

D.

Standard deduction claimed.

20-Which of the following must be added back to taxable income in the calculation of alternative minimum taxable income of an individual?

A.

A traditional IRA account contribution.

B.

One half of the self-employment tax deduction.

C.

The standard deduction.

D.

Charitable contributions.