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Which of the following is correct? Some tax credits are refundable. They can give you money back even if you don't owe any tax. II
Which of the following is correct?
Some tax credits are refundable. They can give you money back even if you don't owe any tax.
II A tax credit is an amount you subtract from the tax you owe. However, if you don't owe any tax, there is no money back.
I and II
None
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