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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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