What does a refundable tax credit mean? A.  It can be carried forward...
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What does a refundable tax credit mean? A It can be carried forward to future tax years if not fully utilized in the current year. B It can only reduce a taxpayer's liability and cannot be used to receive a refund. C It must be claimed in the same year the expense is incurred in order to be valid. D It allow taxpayers to receive a refund of a credit that exceeds their tax liability.
What does a refundable tax credit mean? A It can be carried forward to future tax years if not fully utilized in the current year. B It can only reduce a taxpayer's liability and cannot be used to receive a refund. C It must be claimed in the same year the expense is incurred in order to be valid. D It allow taxpayers to receive a refund of a credit that exceeds their tax liability.
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