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Provide a brief synopsis of each item, demonstrate your understanding of them, and a general overview of how to calculate, including any limitations or phase-outs
Provide a brief synopsis of each item, demonstrate your understanding of them, and a general overview of how to calculate, including any limitations or phase-outs for taxpayers.
- Net investment income tax
- Self-employment tax (SE)
- Child & dependent care credit
- Child tax credit
- Under-payment penalty
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