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Author Question: Nonrefundable tax credits are allowed to reduce or totally eliminate a taxpayer's tax liability but ... (Read 62 times)

rl

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Question 1

Generally, itemized deductions are personal expenses specifically allowed by the tax law.
◦ true
◦ false

Question 2

Nonrefundable tax credits are allowed to reduce or totally eliminate a taxpayer's tax liability but any credits in excess of the tax liability are lost.
◦ true
◦ false


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Marked as best answer by rl on Sep 13, 2020

Ptupou85

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rl

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Gracias!

 

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