Scott receives dividends from securities that pay foreign taxes. Which of the following statements is true?

1 Scott can claim the foreign tax credit as a nonrefundable tax credit.

2 Scott can claim the foreign txc credit as a refundable tax credit.

3 Scott can use the foreign taxes paid to decrease the amount of foreign income reported on his return.

4 Scott an claim the foreign taxes paid on Schedule A as an itemized deduction and claim the foreign taxes paid on Schedule A as an itemized deduction and claim the foreign tax credit on Schedule 3 (form 1040)