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Refundable tax credits A) may only be used if the taxpayer is receiving a refund. B) only offset a taxpayer's tax liability. C) have all
Refundable tax credits
A) may only be used if the taxpayer is receiving a refund.
B) only offset a taxpayer's tax liability.
C) have all expired but may be reinstated with new tax legislation.
D) allow the excess over the taxpayer's tax liability to be paid to the taxpayer.
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