question archive Which of the following is not true of the lfetime learning credit? A) It is a nonrefundable credit
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Which of the following is not true of the lfetime learning credit?
A) It is a nonrefundable credit.
B) The credit can be claimed by taxpayers who have graduated from college and are taking professional training courses to improve their job skills.
C) A taxpayer with multiple dependents can claim a credit for each dependent's qualifying expenses.
D) The credit is subject to phase out based on the taxpayer's AGI
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