Most refundable credits are reported on Schedule 5, but the following credits are reported directly on...
Most refundable credits are reported on Schedule 5, but the following credits are reported directly on Form 1040, Line 17:
Choose one answer.
| a. Earned Income Credit, Child Tax Credit, Additional Child Tax Credit | ||
| b. Child Tax Credit, Credit for Other Dependents, Energy Credit | ||
| c. Child and Dependent Care Credit, Adoption Credit, Earned Income Credit | ||
| d. Earned Income Credit, Additional Child Tax Credit, Refundable portion of American Opportunity Credit |
Homework Answers
Answer -
The following credits are reported directly on Form 1040, Line 17:
- Earned Income Credit.
- Additional Child Tax Credit.
- Refundable portion of American Opportunity Credit.
Hence, Option - (d) is Correct.
Add Answer to:
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