TRUE OR FALSE

Credit for child and dependent care expenses is calculated as a percentage of the qualifying expenses incurred to care for dependents.

A taxpayer may use the American Opportunity Tax Credit (AOTC) and the Lifetime Learning Credit in the same year for the same expenses in the tax returns.

Qualifying expenses for educations are amounts paid for tuition, fees, books and other related expenses to an eligible educational institution.

A taxpayer may choose to deduct the foreign taxes as itemized deduction in the tax returns.

A child tax credit is a fully refundable credit.