Question 19 The Child and Dependent Care Expenses tax credit is a credit in California Select one: a non-refundable b. Actual O c. refundable d. revocable Question 20 Tax law allows parents' election to report a child's interest and dividend Income from children under age 19 of a student under age 21 on their own tax retum. Which of the following statements is false regarding this election? Select one: Q a. The tax on minore is sometimes referred to as the "Kiddle Tax b. The election to include the child's income on the parents' return applies to both earned and unearned income c. The election to include the child's income on the parents' retum was designed to keep parents from shifting investment income to their children to take advantage of the child's lower tax bracket d. For taxable years beginning on or after January 1, 2010, California low conformisto federal law which allows parents'election to report a child's Interest and dividend income from children under age 10 or a student under age 24 on their tax return Question 21 Which of the following statements regarding the California Comptes Tax Ceders toe? Select one: a. The credit is refundable b. The credit can be carry forward for ten years O c. Tax credit agreements will be negotiated by GO-Biz but Go-Biz does not have the authority to review certain businesses books and recordo. d. If agreed upon milestones for a taxable year are not met the credit is not earned for that taxable year All of the above statements are true