Which of the following properly describes the Research Credit? Question 127Select one: a. It is for taxpayers who made groundbreaking discoveries in qualified research, they may take a credit of the lesser of 50% of their income or $50,000 b. It is for taxpayers who ran a qualified research center which employed students c. It is for taxpayers who had a major income loss due to doing qualified research d. It is for taxpayers who paid or incurred expenses while doing qualified research