Question 21 of 75.

Which of the following California credits is refundable?

California Competes Credit.

Homeless Hiring Tax Credit.

Qualified Senior Head of Household Credit.

Young Child Tax Credit.

Question 19 of 75.

Which statement is TRUE regarding the Kiddie Tax on the California tax return?

California Form 3800, Tax Computation for Certain Children with Unearned Income, is used for the parent's return when a child's only income is from interest and dividends.

If the "Kiddie Tax" election is made on the California return, the child will still need to file an informational return with California.

The California "Kiddie Tax" election on the parent's return may be made independently from the federal election.

The child's investment income is reported on the California return using Form 8814, Parent's Election to Report Child's Interest and Dividends.