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Which of the following is a credit that reduces the tax calculated on taxable income? 1. Exemption credit. 2. Child tax credit. 3. Earned income

Which of the following is a credit that reduces the tax calculated on taxable income? 1. Exemption credit. 2. Child tax credit. 3. Earned income credit. 4. Credit for estimated tax payments. 1 only. 1 and 3. 2 and 3. 2.3, and 4

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